Jill shah

1 week ago | news.bloomberglaw.com | Jill shah |Edward Clark

Credit investors are looking to pounce on new opportunities resulting from the wild swingsin global financial markets triggered by the US-China trade war. Average spreads in the US high-yield bond market are about 419 basis points — lingering around the highest since late 2023 — while prices in the leveraged loan market have dipped to below 95 cents on the dollar since President Donald Trump’s announcement this week that the US was raising the tariffs on Chinese goods to 145%.

1 week ago | news.bloombergtax.com | Jill shah |Edward Clark

Credit investors are looking to pounce on new opportunities resulting from the wild swingsin global financial markets triggered by the US-China trade war. Average spreads in the US high-yield bond market are about 419 basis points — lingering around the highest since late 2023 — while prices in the leveraged loan market have dipped to below 95 cents on the dollar since President Donald Trump’s announcement this week that the US was raising the tariffs on Chinese goods to 145%.

2 weeks ago | news.bloomberglaw.com | Jill shah

Private equity backed firms will struggle to find additional cash in the wake of the Trump administration’s sweeping tariffs, according to Moody’s Ratings. About 14% of the companies rated speculative grade have liquidity that Moody’s would classify as “fairly weak,” according to the report. By comparison, only 3.6% of non-private equity firms are at that level.

3 weeks ago | news.bloombergtax.com | Ethan Steinberg |Jill shah |Caleb Mutua

Bonds from companies that rely heavily on international trade fell after US President Donald Trump imposed hefty tariffs on some of the country’s biggest trading partners, levies that could weigh on revenue and profit. Retailers including Kohl’s Corp. and Michaels Companies Inc. were among the biggest decliners in high-yield debt on Wednesday. The price of the Markit CDX North American High Yield Index, which gauges credit risk in the US junk-bond market, reached its worst level since August.

3 weeks ago | news.bloomberglaw.com | Ethan Steinberg |Jill shah |Caleb Mutua

Bonds from companies that rely heavily on international trade fell after US President Donald Trump imposed hefty tariffs on some of the country’s biggest trading partners, levies that could weigh on revenue and profit. Retailers including Kohl’s Corp. and Michaels Companies Inc. were among the biggest decliners in high-yield debt on Wednesday. The price of the Markit CDX North American High Yield Index, which gauges credit risk in the US junk-bond market, reached its worst level since August.