Market Extra: The next rising stars of the debt world? Probably corporate fallen angels
Investors are gearing up for "rising stars" in the U.S. corporate debt world, after last year saw a record of nearly $250 billion worth of "fallen angels," or investment-grade corporate bonds downgraded to speculative territory......»»

Market Extra: Here’s why corporate debt investors may want to eye Ford’s downgrade into ‘junk’
High-yield investors may struggle to digest the bonds from large fallen angels, high-yield issuers once rated investment-grade......»»
Market Extra: Carole Streicher is first woman to take reins of KPMG’s U.S. deals team. Here’s how she got there
Carole Streicher sits down with MarketWatch for a virtual Q&A about her journey to the top of the deal's world at one of the big four accounting firms, and about how her team has navigated a frenetic period for corporate matchups during the pandemic......»»
Market Extra: Corporate debt boom resumes as 2021 kicks off
Home Depot and John Deere are among a parade of U.S. investment-grade companies that seized on the first trading day in January to borrow in the corporate bond market......»»
Stock market rally pauses, bonds edge higher on fears of second virus wave
World equity markets slid and safe-haven bonds climbed on Tuesday as rising concerns about a second wave of coronavirus infections outweighed stronger economic data from China and upbeat corporate earnings in Europe......»»
Market Extra: Fed has made corporate-bond market ‘too big to fail,’ says Guggenheim’s Minerd
Scott Minerd of Guggenheim Partners says the Federal Reserve’s interventions to support the market for debt issued by highly rated corporations wouldn’t be allowed to seize up......»»
Market Extra: Apple borrows $8.5 billion, joins record corporate debt borrowing spree
Apple Inc’s massive cash pile didn’t stop the iPhone maker from adding to the bonanza of U.S. investment-grade companies borrowing in the bond market during the pandemic......»»
Market Extra: Boeing lands $25 billion debt deal
Embattled aircraft maker Boeing raised a stunning $25 billion in the corporate bond market at a much lower costs than it expected when its began marketing the bonds Thursday morning......»»
Virus Sell-Off Turns Bonds Into ‘Fallen Angels.’ Here’s Why Downgrades Matter
Being a fallen angel is not a good thing, whether in the Bible or the bond market. For investors, a fallen angel is a company that has been downgraded and lost its investment-grade debt ratings -- a fall that can have costly consequences. Downg.....»»
Market Extra: How the Fed’s historic leap into buying corporate debt is working even before the purchases formally start
Highly rated U.S. companies are on a borrowing spree, loading up their balance sheets with cash, even before the Federal Reserve starts buying corporate debt to help soothe the economic fallout of the coronavirus pandemic......»»
Market Extra: Here’s how a Fed plan to support the corporate, municipal bond market would work
Investors say a new fiscal stimulus package discussed in Congress could allow the Federal Reserve to support broader corporate debt and municipal markets which have come under stress in recent weeks......»»
Market Extra: Why are bonds failing to act like a safe-haven as stocks sell off ?
In the “everything has to go†sale sweeping through commodities, corporate debt, and equities, investors have seen the value of their usual sturdy government bonds buckle even as risk assets came under pressure in the past few trading sessions......»»
Corporate Debt Loads a Rising Risk as Virus Hits Economy
The numbers are enormous WASHINGTON (AP) — A gyrating stock market is seizing headlines as the coronavirus threa.....»»
Market Extra: Here’s why cratering oil prices and the coronavirus outbreak will ripple beyond the U.S. junk-bond market
The corporate bond market is a huge source of capital for weaker, U.S. debt-laden energy companies, which is why plunging oil prices and the coronavirus are magnifying fears about broader cracks in corporate debt......»»
Market Extra: The coronavirus is making the weakest parts of the U.S. corporate debt boom wobble. Analysts say brace for things to get worse
The rapid spread of the coronavirus is dealing a blow to confidence in the biggest U.S. corporate debt boom on record, here’s why analysts think the pain likely gets worse......»»
Market Extra: Here are the risks to watch in the CLO market, says industry group made famous by ‘The Big Short’
A key trade group for participants in the CLO market says ‘vigilance is warranted’ over corporate debt boom in terms of protecting investors and the financial system, in first-of-a-kind paper......»»
Market Extra: Why the record $1.2 trillion pile of junk-rated debt coming due is a worry
The next five years could get rough for companies that have a record amount of junk-rated corporate loans and bonds coming due, warns Moody’s Investors Service......»»
Market Extra: Here’s the 10 macro themes investors need to watch, says Guggenheim’s Minerd
Guggenheim’s global CIO Scott Minerd is warning that the U.S. economy could start to show signs of faltering and leave buyers of corporate debt vulnerable......»»
Market Extra: Emerging markets set to shine in yield-starved world, investors say
Investors are once again trumpeting higher yielding debt in emerging markets as a way to source income given interest rates are low to negative across U.S., Europe and Japan......»»
Market Extra: America’s ‘fragile’ corporate debt pile faces a massive $4 trillion refinancing test, Oxford Economics warns
A slowing U.S. economy could put companies in jeopardy that already are grappling with lower profitability and higher leverage as they seek to refinance trillions worth of bonds that come due over the next five years.....»»
Market Extra: Corporate bonds may be paying too little spread to offset fourth-quarter selloff risks
Investors may be accepting too little compensation on U.S. corporate bonds given growing concerns about the debt binge and recent red flags in the market......»»