Goldman Says High-Yield Debt Deluge Overwhelming Investors
Goldman Sachs reports that a surge in corporate bond supply is overwhelming investors in the U.S. high-yield market. This influx has pushed risk premiums to their highest levels in five months.
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.
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