Junk-Bond Frenzy smashed records in August as everyone tried to run the Fed – WOLF STREET

But seeing the frenzy, the Fed pulled out. By Wolf Richter for WOLF STREET. For the American junk bond market, August was the month of superlatives and records. The companies issued a total of $ 52.9 billion in high yield bonds, by far the largest in August, which is normally a slow month, and the […]

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