Archive - JunkBondInvestor

Victoria’s Secret ($VSCO): Bonds Trade Wide for a Reason

Tariffs, fashion risk, and digital fragility cloud the outlook—but the capital structure can take the hit

Jun 13

High Yield Market Minutes: Record Supply Meets Tighter Spreads (June 9, 2025)

Spreads Tighten 15bps Despite Busiest Week in 12 Months

Jun 9

Mativ Holdings Inc ($MATV): Merger Hangover and 5x Leverage

The SAS segment works. FAM is a mess. And the bondholders are doing the math.

Jun 6

HY Market Weekly Minutes: Court Drama Meets Consumer Confidence...High Yield Rallies On Legal Victory (June 2, 2025)

A Brief Recap of Last Week's High Yield Market Performance

Jun 2

May 2025

HY Market Weekly Minutes: Rally Hits Speed Bump (May 27, 2025)

A Brief Recap of Last Week's High Yield Market Performance

May 27

Organon ($OGN): Dividend Axed. Narrative Dead. Credit Holds the Bag.

The dividend’s gone, VTAMA’s unproven, and Nexplanon is racing the patent clock. That’s the whole story.

May 23

HY Market Weekly Minutes: Rally Mode Continues As Tariff Reprieve Fuels Market Surge (May 19, 2025)

A Brief Recap of Last Week's High Yield Market Performance

May 19

Whirlpool Corp ($WHR): What the Bond Market Is Saying Now

How America's Last Appliance Giant Lost Investment Grade Status

May 16

HY Market Weekly Minutes: Risk-On Rally Hits New Gear as US-China Deal Sparks Four-Week Winning Streak (May 12, 2025)

A Brief Recap of Last Week's High Yield Market Performance

May 12

Core Scientific ($CORZ): This Isn’t a Bitcoin Miner Anymore

Re-levered post-bankruptcy, signed a $10bn contract, and stopped talking about Bitcoin. If that’s not a pivot, what is?

May 8

HY Market Weekly Minutes: CCCs Lead Risk Rally as Oil Crashes and Primary Heats Up (May 5, 2025)

A Brief Recap of Last Week's High Yield Market Performance

May 6

Dave & Buster’s ($PLAY): Eat. Play. Decline.

Eight straight quarters of comp declines, a revolving CEO door, and a “back to basics” plan with no margin for error.

May 1

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