Borrowers Flock to High-Yield Bonds, Ditching Leveraged Loans

The high-yield bond market is becoming a favorite of companies that once raised cash using leveraged loans, luring borrowers with lower costs and a wealth of investor demand. #press

https://www.bloomberg.com/news/articles/2023-08-03/borrowers-flock-to-bonds-as-fed-s-anti-inflation-vow-hits-loans?utm_source=press.coop