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Corporate bond yields spiked due to business risks posed by Covid19. B rated bonds went from ~5% to >10.65% https://ycharts.com/indicators/us_high_yield_b_effe
by safog 7y ago
Corporate bond yields spiked due to business risks posed by Covid19. B rated bonds went from ~5% to >10.65%
https://ycharts.com/indicators/us_high_yield_b_effective_yield https://ycharts.com/indicators/us_high_yield_b_effective_yie...
- knes 7y agoa preferred Payment In Kind (PIK) is not the same as a high yield bond. PIK is closer to equity so a 10% interest is pretty high