The Tell: ‘Magnificent Seven,’ meet the ‘Junk Bond Five’ spurring the rally in distressed debt

The Tell: ‘Magnificent Seven,’ meet the ‘Junk Bond Five’ spurring the rally in distressed debt

Upworthy

Published

The stock market isn’t the only place where a handful of companies are driving powerful gains. It’s happening too in distressed high-yield, or “junk bonds.” Debt issued by Altice USA Inc. ATUS, , Carvana Co. CVNA, , Community Health Systems Inc., CYH, Lumen Technologies Inc. LUMN, and Rackspace…

#alticeusainc #carvanacocvna #cyh #ccc #bofaglobal #olegmelentyevs #treasury #goldmandoublelines #jeffreygundlach #spx

Full Article