Massive Unwind Makes US Junk Bonds Riskier Bet Than Europe’s

(Bloomberg) — As the America First trade unwinds across markets, a key indicator is showing that investors are now more worried about lower-rated US companies than European ones.Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsBuffalo’s Billion-Dollar Freeway Fix Is on Ice, But Not Because of TrumpWhere New York City’s Zoning Reform Will Add HousingInside the ‘Not Architecture’ of High Line DesignerRead More