High-Yield Bond Sales Accelerate as Investors Price In Rate Cuts

The video discusses the acceleration of yield bond sales as investors anticipate Fed rate cuts. High yield bond sales have surged, with companies taking advantage of low borrowing costs. In contrast, investment grade companies are slowing their sales, possibly due to deleveraging efforts. The market conditions are favorable for borrowing, with yields at their lowest since 2017, and there is significant interest in riskier credit markets.

What reasons are given for companies wanting to borrow money at this time?

What insights do portfolio managers provide about the current state of riskier credit markets?