Reported 1 day ago
A number of US companies are delaying the issuance of high-grade corporate bonds as bond yields have surged to their highest levels since mid-2024, increasing potential borrowing costs. Although the market had been active early in January, the average yield for high-grade corporate bonds rose to 5.41%, prompting some companies to wait for better entry points. The market could face further challenges if rate volatility increases, impacting underwriters' ability to bring new deals.
Source: YAHOO