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home / news releases / HYUP - Wall Street Takes Bond-Market Largesse To The Bank


HYUP - Wall Street Takes Bond-Market Largesse To The Bank

By Breakingviews

Bond investors are showing an impressive willingness to help keep companies afloat amid dwindling revenue thanks to coronavirus lockdowns. So far this year firms have raised some $1.1 trillion in the U.S. high-grade bond market alone, almost as much as in all of 2019. Junk-debt issuance is on a tear, too. The largesse - and low rates - leaves buyers and sellers exposed to a slow recovery. But one group has never had it so good: investment bankers.

The conditions are near-perfect for these middlemen to churn out deal after deal - even

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Stock Information

Company Name: Xtrackers High Beta High Yield Bond
Stock Symbol: HYUP
Market: NYSE

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