US Junk Bonds Post Worst Losses in Six Months, Spreads Widen
NegativeFinancial Markets

The US junk bond market experienced its worst losses in six months, with a significant one-day drop that saw risk premiums rise to a near four-month high. Yields reached 6.99%, marking the highest level in over two months. This downturn is crucial as it reflects growing investor concerns about credit risk, potentially impacting borrowing costs and market stability.
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