Junk-rated borrowers lining up around €3.7 billion ($4.3 billion) in refinancing deals are willing to accept significantly higher rates, betting costs will rise even further if they wait
~/junk/squad/projects/pi >cat mission.md
use an efficient algorithm for calculating pi to any precision. The command pi 32 should print pi to 32 places.
~/junk/squad/projects/pi >./pi 200
3.14159265358979323846264338327950288419716939937510582097494459230781640628620899862803482534211706798214808651328230664709384460955058223172535940812848111745028410270193852110555964462294895493038196
~/junk/squad/projects/pi >
GOLDMAN WARNS JUNK BOND SUPPLY IS OVERWHELMING INVESTORS
Goldman Sachs says a flood of U.S. high-yield debt issuance is straining investor demand, pushing junk-bond spreads to their widest since April.
September issuance has reached $38.5 billion, while CCC spreads have surged to their highest since 2023.
Goldman has also tracked nearly $600 billion of AI-related debt supply this year, warning that another acceleration could come in 2027.