Reported about 23 hours ago
Top financial leaders, including JPMorgan's Jamie Dimon, are highlighting concerns that the junk bond market may not be sufficiently reflecting economic risks, particularly with the lowest-rated bonds showing signs of distress. As risk premiums on CCC-rated junk bonds rise, warnings abound about potential slowdowns and inflation in the U.S. economy. Despite these warnings, investors continue to purchase junk bonds, though geopolitical tensions and clearer economic data are necessary to reflect the true risk in the market.
Source: YAHOO