Grubhub Tests High-Yield Bond Market in Debut Offering

The video discusses the challenges faced by the high yield market as investors seek safer options, leading to rising spreads and increased fear. It highlights Grubhub's debut bond offering amidst a challenging market environment, noting the slowdown in bond issuance and mixed performance of recent issuers. Despite these challenges, issuance remains ahead of last year, and yields are relatively low. The video speculates on the demand for Grubhub's bonds and the effectiveness of their sales strategy.

What does the rise in high yield bonds indicate about investor sentiment?

What challenges are faced by issuers in the current bond market environment?