U.S. high-yield bond issuance reaches $38.5 billion as spreads widen
AI Summary- U.S. companies issued $38.5 billion in high-yield bonds during September.
- Junk-bond spreads reached their highest level since April, while CCC spreads hit a 2023 high.
- Goldman Sachs said AI-related bond issuance totaled about $600 billion this year.