Credit Market Braces for Fallen Angels as High-Grade Debt Trades Like Junk

The bond market is on alert for a new era of 'fallen angels' as high-grade companies like Oracle Corp. and Stellantis NV see their debt trading near junk levels, totaling $100 billion.

4 Aug, 10:36 — 4 Aug, 10:36

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bloombergHigh13d ago

Credit Braces for Fallen Angels as $100 Billion Trades Like Junk

Oracle Corp. and Stellantis NV are among a group of high-grade companies with debt that has recently traded close to junk levels, putting the bond market on watch for a new era of fallen angels.

By Tasos Vossos and Charlotte Plaskwa

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Credit Market Braces for Fallen Angels as High-Grade Debt Trades Like Junk

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Credit Braces for Fallen Angels as $100 Billion Trades Like Junk

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