Junk-Debt Sales Soar Toward Record Year

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Junk-Debt Sales Soar Toward Record Year
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The $3 trillion junk-debt market is having its best year ever

U.S. companies including Crocs Inc. and SeaWorld Entertainment Inc. have sold more than $786 billion of junk-rated bonds and loans so far in 2021, according to S&P Global Market Intelligence’s S&P. That tops the previous high for a full year in data going back to 2008.

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