Safe single A bonds are close to becoming the biggest part of investment grade indexes for the first time in about 10 years.
Despite worries about maturing bonds, companies are rushing to sell debt to a buoyant market.
Bank of America Corp. projects a record $500 billion of flows to high-grade corporate debt in 2024.
With yields on 10-year Treasurys soaring, investors are staying cautious.
U.S. banks aren't selling new preferreds amid high costs.
Credit Suisse's share price plunged 28% in the biggest one-day selloff on record.
Short-duration junior debt issued by banks offers a way to avoid the brutal losses of longer-term bonds.
Managers believe the additional yield they get longer securities is too small to justify the risk of a slump when rates rise.
Global high-grade debt markets are blazing to a record rally. Are they getting ahead of themselves?
Barclays Plc expects returns for corporate bonds and loans to swing back into positive territory next year after losses in 2022.