Junk-Bond Deals on Track for Slowest October—And Year—Since 2008


Companies with speculative-grade credit ratings are on pace to borrow the least cash in debt markets since 2008.
Junk-rated companies have raised just $3.7 billion this month, according to PitchBook LCD. That number would represent the slowest October since 2008’s $2.2 billion.

Such firms have b

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