Traders Pounce on Risk as Junk Bonds Flood Back to Market
Some of the riskiest types of corporate lending are suddenly back in vogue.
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Just weeks after coming to a halt because of Donald Trump’s tariff bombshell, the junk-debt market is starting to crank back into gear again. From Italian sneaker brand Golden Goose to German chain Motel One, even some of the raciest types of corporate lending are suddenly back in vogue.
A spate of high-yield bond deals kicked off the action at the end of April — and now loan issuers are joining the party.