Why everyone wants to lend to weak companies

C redit investors often talk in euphemisms. The safest bonds, with the highest credit ratings and hence the lowest yields, are almost always referred to as “high-grade” rather than “low-yield”. Conversely, the riskier stuff, where defaults are more likely, is politely dubbed “high-yield” rather than “low-grade”. Recently, though, the yield on supposedly high-yield bonds has not been all that high.

Why finance is still dominated by bold individuals

Demographics and geopolitics will make a recovery harder

An enormous rise in disability payments may complicate debt-reduction efforts

Nobody is to blame. Everyone suffers

Canada and Mexico look likely to suffer

With deficits soaring, their finance ministers will have to be smart

https://www.economist.com/finance-and-economics/2024/11/28/why-everyone-wants-to-lend-to-weak-companies

A source: www.economist.com/finance-and-economics/2024/11/28/why-everyone-wants-to-lend-to-weak-companies