- The debt load for U.S. corporations has reached a record $6.3T, according to S&P Global, as Wall Street investors brace for a stricter rate environment even as cash hoarding reaches a peak.
- The good news is that U.S. companies have a record $2.1T in cash to service that debt, but the bad news is most of that cash is in the hands of a few giant corporations.
- ETFs: HYG, JNK, LQD, VCLT, DHY, HIX, EAD, VCSH, PHT, HYT, HYLD, JQC, HYS, SJNK, BGH, ACP, ANGL, CIK, ISD, MCI, DSU, SJB, KIO, CORP, SHYG, NHS, CIF, ARDC, IVH, GGM, CSJ, AIF, MPV, FHY, PHF, BSJI, JSD, VLT, HYHG, HYLS, DHG, IGI, SPSB, IGHG, PCF, CSI, CRED, SPLB, BSJG, BSJJ, CLY, HYZD, MHY, BSJK, WYDE, SLQD, BSCI, UJB, BSCH, HYGH, BSJH, FALN, BSJL, CJNK, HYND, BSCK, LQDH, QLTA, THHY, FCOR, IBCE, BSJM, BSCG, BSCJ, IBDN, CBND, HYIH, HYLB, IBDM, LDRI, HYXE, IBDD, BSCL, HYLV, IBDL, IBDO, JCO, BSCM, IBCC, IBDH, IBDK, WFHY, BSCO, BSJO, IBCD, IBDF, IBDP, VTC, BSCQ, EFL, HYDB, IBD, IBDB, IBDC, IBDQ, IGIH, BSCN, BSCP, BSJN, CLYH, IBDJ, IBDR, IGEB, LLQD, MLQD, SFHY, WFIG, BSCR, BSJP, CWAI, FLDR, HYDW, HYUP, IBDS, JPST, SFIG, SHYL, USHY
- Now read: Weekly Review: High-Yield CEFs
Original article