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Global Vehicle Gas Sensor Market Size, Share, Value, and Competitive Landscape 2020
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MEKRA Lang® Wins 2020 International Dealer of the Year Award
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MEKRA Lang® Wins 2020 International Dealer of the Year Award
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High-yield rated US companies have issued a record amount of debt in the first quarter to take advantage of low funding costs to put cash on the balance sheet and refinance existing debt.
With over two weeks still to go, US junk borrowers have already raised US$118.4bn in the primary market in the first quarter, making it the busiest on record, according to IFR data. The previous record was US$97bn set in the first quarter of 2013.
While rising US Treasury yields have caused heavy outflows from high-yield bond funds into floating-rate products such as leveraged loans, investors are taking courage from improving economic data and a massive stimulus package.