Riskiest borrowers make up biggest share of junk-bond deals since 2007

While some investors have become uneasy with the quality of deals that have come to market, many say they feel forced to lend or face the consequences of underperforming rivals. 

Others are betting that a big rebound in the American economy will provide a boon to corporate profits that will boost companies across the ratings spectrum.

FT 15 February 2021

https://www.ft.com/content/55ef91e2-5291-4a1e-8a41-42cdf1eb3124