Junk-rated bonds and loans are flying off the shelves again, easing recent worries that a credit-market freeze could harm the economy. Since Jan. 10, companies with below-investment-grade ratings, including TransDigm Group Inc. and Dun & Bradstreet Corp., have sold around $50 billion of bonds and loans, breaking a dry spell that saw just $29 billion of speculative-grade debt sold in November and December, according to LCD, a unit of S&P Global Market Intelligence.
Source: Wall Street Journal February 02, 2019 21:11 UTC