Junk Eyes January Sales Record As Risk-Taking En Vogue

Junk Eyes January Sales Record As Risk-Taking En Vogue

The US corporate bond market remains robust coming off a banner 2020. Last year, both investment grade and high yield supply hit records, as management teams took advantage of extremely favorable market conditions created by the Fed's unprecedented backstop for corporate credit. Borrowing costs for corporate America fell to record lows despite a raging pandemic that triggered the most large bankruptcies since the financial crisis. Generally speaking, analysts expected supply to abate in 202
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