A new gauge by the Federal Reserve is showing signs of moderate but growing difficulty in high-quality corporate bond trading, reflecting investor anxiety about a slowing economy. slow down.
The warning comes from a new measurement called the Corporate Bond Market Distress Index, or CMDI, which the New York Fed’s branch is scheduled to update once a month. The first snapshot, released Wednesday, shows greater stress on the $5 trillion market for US investment-grade corporate bonds, compared with historic lows in New retrospective data was released from the end of last year.
https://www.wsj.com/articles/new-fed-tracker-shows-rising-strains-in-corporate-debt-11656551688?mod=rss_markets_main New Fed tracker shows increased risks in corporate debt