More Bonds Are Teetering on the Brink of Junk: Credit Weekly

JPMorgan Chase & Co. Beneath the calm surface of the US corporate bond market, there are worrying signs about companies that could lose their investment-grade status. The first full week of the year has been one of the busiest for US corporate debt sales on record, and risk premiums stayed low even amid heavy issuance. But the amount of bonds teetering on the brink of junk surged last year, according to JPMorgan Chase & Co. Most Read from Bloomberg Around $63 billion of US corporate bonds in the high- ...