The percentage of corporate bonds considered in distress is at the highest in six months, a sign debt investors expect the economy to slow and defaults to rise. The number of speculative-grade co.’s worldwide with yields at least 10 percentage points more than govt bonds climbed to 399 this month, or 16.7%t of the total, the highest share since December, according to BofA Merrill Lynch index data – Bloomberg
Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!
Leave a Reply