US Corporate Bond Yields Top 6% for First Time Since 2023 as Inflation Fears Climb
Updated
Updated · Bloomberg · Oct 3
US Corporate Bond Yields Top 6% for First Time Since 2023 as Inflation Fears Climb
1 articles · Updated · Bloomberg · Oct 3
Summary
Average yields on high-grade US corporate bonds rose above 6% this week, the first time they have crossed that level since 2023.
Global inflation fears drove the move, pushing overall funding costs higher for companies seeking to borrow.
US credit risk premiums also climbed to a six-month high, signaling investors are demanding more compensation to hold corporate debt.
The combination points to tougher conditions for borrowers, with weaker debt performance — including Paramount's drop — underscoring the pressure in credit markets.