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Credit Markets Paralysed

Company debt sales have ground to a halt in the US following Trump’s escalating trade war and fears of a global recession. Several leveraged loan sale and debt refinancing have been put on hold and no new US investment-grade bonds have been issued since Wednesday 2/4/25. Transactions on riskier debt are being pulled or postponed, while perceived risk for high-grade and high-yield US corporate bonds are flashing warning signs.

Source: The Star

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