CREDIT DAYBOOK AMERICAS: Junk Bonds Poised for Rare Weekly Slide

US junk-rated corporate bonds are on track for a second consecutive weekly decline — which would be their first back-to-back losses since April’s tariff turmoil.

• High yield entered Friday’s trading down 0.24% for the week, according to a Bloomberg index, after losing 0.08% last week
  • This week has seen a sharp pickup in supply with $9 billion of issuance, the most since late September
  • Junk bonds’ performance has been trailing high-grade in 2025, a surprise given the generally risk-on tone across asset classes
• The investment-grade primary market should be quiet, and no leveraged-loan transactions have lender commitments due ...