Risk
Weak Companies’ Low-Yielding Bonds Set to Hit Maturity Wall
Risk grows as a raft of junk-rated issuers, paying modest interest, must refinance their debt at much higher rates.
Risk grows as a raft of junk-rated issuers, paying modest interest, must refinance their debt at much higher rates.
Ratings drops affect Comerica and KeyCorp, following Moody’s negative actions on lenders two weeks ago.
S&P and Moody’s take it heavy in an SEC hearing. A run-up to a replay of their 2008-09 vilification?
Some bonds may be beyond hope, and once the central bank’s backstop ends, there goes the artificial price support.