BBB Bond Downgrades Added USD 88 Billion to the High-Yield Bond Market YTD
June 28, 2020 at 09:00 AM EDT
By Hong Xie, Senior Director, Global Research & Design, S&P Dow Jones Indices In recent years, one noticeable development in the corporate bond market has been the rapid growth of the BBB bond market in terms of its absolute amount and relative share of investment-grade corporate bonds. We...