Debt Issuance Intensifies in May and June

Junk bond and investment grade bond sales are expected to rise as U.S. companies work to get ahead of pending tariffs. Junk bond sales reached $32 billion in May and passed $8.6 billion during the first week of June. Investment grade bond sales are expected to be between $110 billion and $120 billion in June. Investors have not been deterred by economic and geopolitical risks, but this balance is fragile and can be disrupted with unexpected or unanticipated changes.  

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