Investors are gobbling up corporate debt like it is going out of style
—even though the rewards, by some measures, are lower than they have been in decades.
The frothy mood has some on Wall Street worried that the market is priced for perfection and ripe for a fall.
That is why any bad news is touching a nerve and raising the question of whether something more profound is ailing American borrowers.
Wall Street Journal 29 September 2025
https://www.wsj.com/finance/the-credit-market-is-hummingand-that-has-wall-street-on-edge-0721c324
Instead, they talk of equity markets being “priced to perfection”, by which they mean there is little or no room for mishaps.
https://englundmacro.blogspot.com/2025/09/the-stock-market-is-timebomb-waiting-to.html
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