Investors are closely watching for signs of weakness in risky corporate bonds as the Treasury market has begun to send signals that the economy could be heading for a recession
The amount of extra yield, or spread, investors demand to hold company bonds rather than safe government debt has jumped since March by 0.
62 percentage point for triple-C-rated company bonds versus a 0.07 percentage point decrease for junk debt with higher double-B ratings. Bond yields rise when prices fall.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Art Cashin, wearing 'S&P 500 3,000' hat, warns of rising recession riskA Wall Street veteran is warning that the risks of an economic recession are steadily increasing.
Read more »