“As expected, Fed purchases of both corporate bond ETFs and direct purchases of bonds slowed in July as the market has generally functioned well,” wrote the CreditSights team led by…
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For its part, Apple has $8 billion of debt coming due in 2020, mainly borrowed in the U.S. and Japanese debt markets, according to analysts at CreditSights.
CreditSights, a research firm, issued a report Tuesday showing why speculative-grade food-packaging companies with exposure to the meat industry could see earnings and sales slump amid national slaughterhouse closures.
That compares with generic spreads for U.S. investment-grade corporate bonds that had widened to about 229 basis points as of Friday, from about 132 basis points on March 3, according…