May 2, 2020

Barron's on corporate bond issuance in response to the coronavirus shutdowns

Covid-19 is blowing a gaping hole in the balance sheets of U.S. corporations.  It's a big problem for stock investors, who, essentially, are seeing billions in value transferred from their portfolios to bondholders...  Overall, S&P 500 companies have added about $210 billion in debt over the past few months.  It's an incredible number.

~ Barron's, May 2, 2020

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