1. US Junk Bonds Face Worst Quarter Since 2022 as AI Fears, Yields Spook Investors
The US high-yield bond market is signaling a sharp pullback in risk appetite, poised for its first negative quarterly return in over two years. This downturn is being driven by a potent mix of macroeconomic pressure and sector-specific anxiety, with rising Treasury yields amplifying borrowing costs just as fears about ...