142 days ago • Posted by Martin Boujol

The cost of borrowing stumbles in the US

US companies never borrowed so much, ever. 2020 saw a record of $2.5 trillion, according to Bank of America. They argue that Covid-19 exacerbated the corporate debt market trends. High yield is now a little above 4%, while investment grade is right under 2%. 

Source: The Financial Times, Bank of America

#Bonds #Macro
us corporate bonds yield