A surge of corporate bond supply in the US high-yield market is starting to overwhelm debt investors, pushing risk premiums to the highest level in five months, according to Goldman Sachs Group Inc.’s head of credit strategy.
Goldman Says High-Yield Debt Deluge Is Overwhelming Investors
A surge of corporate bond supply in the US high-yield market is starting to overwhelm debt investors, pushing risk premiums to the highest level in five months, according to Goldman Sachs Group Inc.’s head of credit strategy.
This article was originally published by
Bloomberg Markets
and is republished here under license.
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