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The junk bond market is shrinking in a new era of rising rates

For companies that continue to issue junk bonds, a smaller market could eventually reduce the cost of the debt. ....

United States , Nokia Oyj , Citi Anderson , Refinitiv Lipper , Ioannis Angelakis , Colleen Cunniffe , Barnaby Martin , Michael Anderson , From New York ,

The junk bond market is shrinking in a new era of rising rates

The amount of U.S. junk bonds has fallen 11% from its peak in October 2021 to $1.41 trillion, according to a Bloomberg index tracking corporate high-yield debt. ....

United States , Ioannis Angelakis , Chuanchai Pundej Eyeem , Michael Anderson , Barnaby Martin , Chuanchai Pundej , Citi Anderson , Refinitiv Lipper , Colleen Cunniffe , Nokia Oyj , Vanguard Group , New York , Industry News , Interest Rates , Commercial Banking ,