U.S. CREDIT WEEK AHEAD: American Tire May Tap Junk Bond Market

The high-yield market issuance frenzy is expected to keep up next week as investors continue to gobble up risky assets to escape ultra-low interest rates in other products.

Over $14 billion of U.S. junk bonds priced this week, making it the second busiest of the year, according to data compiled by Bloomberg. And with yields below 4% for the first time in the market’s history, more borrowers are expected to come after the long weekend.

The tidal wave of demand has slashed borrowing costs and opened up financing avenues for even the least credit-worthy firms, handing them an unprecedented opportunity ...