Shock waves from the stock market’s declines are spreading into junk bonds, sending prices tumbling and forcing some companies to cancel new deals. Average prices of US high-yield bonds fell to around 91 cents on the dollar Monday, the lowest level since May of 2020 when pandemic shutdowns slammed the global economy, according to data […]
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Stock Turmoil Spreads to Junk Bonds, Hurts Deals
- Post author By mangakiko
- Post date May 12, 2022
- No Comments on Stock Turmoil Spreads to Junk Bonds, Hurts Deals
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