Market Drilldown
Big BBB Downgrade Damage Ahead? Maybe Not
Why the anxiety about this overstuffed bond category may be overdone.
Bank lending to heavily indebted companies will blow up once the economy goes south, Brian Moynihan warns.
Baa–rated issues reach record, although defaults at this stage are not worrisome, Moody’s data indicates.
A wide gap between high-yield and 10-year Treasury signals a pending recession, says Natixis’ Lavorgna.
The firm points to stock rally and lower junk yields as key to New Year market sentiment.