1Q22 US Corporate High-Yield Issuance Down Huge Y/Y; Both HYG And LQD Cling On To Crucial Support
In 1Q22, US corporate bond issuance was down 14.5% y/y, with high-yield collapsing 68%. This took place even as HYG, along with LQD – already under sustained pressure – are clinging on to crucial support. In the first three months … Continued