Junk Bond Investors Are Ignoring Stress in Credit Markets. Here's Why.

Core Insights - The article highlights the surprising resilience of high-yield bonds amidst a rising number of bankruptcies, particularly in the auto sector [1] Group 1: Bankruptcy Trends - Bankruptcies are increasing, especially within the automotive industry, indicating potential stress in this sector [1] Group 2: High-Yield Bonds Performance - Despite the surge in bankruptcies, high-yield bonds have shown unexpected strength, suggesting a divergence in market sentiment [1]