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Borrowing costs in international junk bond market soar to a decade high after missed payments
Property company is second-biggest borrower on international high-yield markets after Evergrande
Investors worried by apparent defaults by property group Evergrande are dumping debt from other sectors too
Loans offered via decentralised finance networks have been compared to fixed income securities
Data on inflows and outflows show the impact of the coronavirus pandemic and changing economic forecasts
Outstanding debt rises above $1.5tn as nearly 150 issuers borrow from investors seeking yield
Are extreme price swings part of a longer-term trend in the transition towards a greener future?
Many creditworthy businesses have been paying down, rather than extending, precautionary borrowing
Acquisition of Medline for $34bn is largest deal of its kind since 2008 financial crisis
Traders fret over fallout if indebted Chinese property developer begins to miss payments
Investors added to bond holdings in Chinese property developer while prices began sliding
Rush by investors to park cash in credit markets may be sowing the seeds of the next crisis
And who cares about payment for order flow?
Investors willing to take on higher risk debt while losing money relative to inflation
Trading suspended for second time since Friday as Moody’s downgrades indebted developer again
Companies rush to lock in low rates after summer lull
Japanese investment group has no problem selling billions of dollars’ worth of bonds at low rates
Bailout of Huarong Asset Management fails to calm bond market nerves
Research from Moody’s suggests ‘fallen angels’ and ‘rising stars’ experience step changes in borrowing costs
Analysts anticipate wave of fragile companies facing future defaults after ‘clear signs of risk taking’
Bonds issued by retailers and cinema operators among those to fall as businesses delay return of workers to offices
Research claims many portfolios are misreported by managers to game rating system
Niche sector’s assets almost double in six months
Borrowing costs have never been lower as $4tn asset class booms
Current market pricing of risk is evidence of late-cycle behaviour
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