Corporate Debt/Bond Markets – Jahanagahi

Stock Turmoil Spreads to Junk Bonds, Hurts Deals

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 […]


Corporate America’s debt sinks to lowest prices since 2008. Could it be a canary in the coal mine?

Stocks and crypto aren’t the only things getting walloped. Billions worth of bonds from Fortune 500 companies deemed nearly bulletproof from default also have been tagged in a yard sale for financial assets, as the Federal Reserve works to raise rates and cool inflation at the highest in four decades. The dollar price of the […]