March 27, 2023 – Corporate debt issuance has slowed to a crawl, showing signs of freezing. The same condition appears to be occurring in the junk bond markets as well. Today, we ask the question of whether things are getting better or getting worse since the 2nd and 3rd largest bank failures in US history (Silicon Valley Bank and Signature Bank) this month, analyzing debt issuance and the credit markets at large.
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