Non-financial corporations are facing elevated debt servicing costs as central banks maintain restrictive monetary policies. With large maturities approaching, finance teams are shifting strategy toward short-duration bonds and floating-rate private credit to manage immediate capital requirements.
Yield Adjustments
Spread compression in investment-grade corporate bonds indicates robust investor demand despite macroeconomic uncertainty. However, speculative-grade issuers face expanding yield premiums, forcing reliance on structured debt instruments and asset-backed financing.