Reported about 2 months ago
In 2024, the junk bond market is witnessing significant reductions in looming debt repayments, with corporations already settling over $170 billion of high-yield bonds due in the next two years. This decline alleviates fears of a wave of defaults as risky borrowers refinance their loans at higher interest rates, contributing to a stronger market dynamic and increased investor interest in yielding assets. The shift is evident in the year's record issuance of corporate high-yield bonds, indicating that the maturity wall is becoming less of a concern.
Source: YAHOO