Corporate High Yield Bond Index

Corporate High Yield Bond Index With high yield investors piling into risky debt, CCC spreads have collapsed the most over the past nine months. Image: Morgan Stanley Wealth Management

Debt as % of GDP by Global Sector

Debt as % of GDP by Global Sector Since the Global Financial Crisis, debt as % of GDP is much higher in the government and corporate sectors. Image: BofA Global Investment Strategy

China: Chinese Debt-to-GDP Ratios by Sector

China: Chinese Debt-to-GDP Ratios by Sector The debt-to-GDP ratio of the non-financial corporate sector accounts for the largest share of China’s debt and declined to 143% of GDP. Image: Pictet Wealth Management

Debt Securities Issued by S&P 500 Companies

Debt Securities Issued by S&P 500 Companies Should investors be concerned about the corporate debt maturity wall? This chart shows the long term S&P 500 debt maturity schedule. Image: J.P. Morgan US Equity Strategy & Global Quantitative Research

U.S. Corporate Leverage

U.S. Corporate Leverage U.S. corporate leverage is high and close to its previous peak on a net debt to EBITDA. Image: Goldman Sachs Global Investment Research

Global Debt by Sector and Recession Risk

Global Debt by Sector and Recession Risk With global growth slowing, this chart suggests that the biggest recession risk is corporate deleveraging. Image: BofA Merrill Lynch Global Investment Strategy

Total Negative Yielding Corporate Bonds Outstanding

Total Negative Yielding Corporate Bonds Outstanding Negative-yielding corporate debt passed $1 trillion in market value. Investors face significant risk should rates start to rise. Image: Bianco Research

Corporate Leverage in the U.S.

Corporate Leverage in the U.S. U.S. corporate debt is high. This chart shows that U.S. corporate leverage is close to its previous peak on a net debt to EBITDA. You may also like “U.S. Leveraged Loan Index Rating Breakdown: 2008 vs. 2019.” Image: Credit Suisse Research

Value of U.S. Corporate Bonds by Rating

Value of U.S. Corporate Bonds by Rating Since the Great Recession, the U.S. corporate bond debt rated ‘BBB’ exceeds $3 trillion. If the U.S. economy goes wrong, this is bad news for investors. Image: The Wall Street Journal

BBB Debt by Sector in the U.S.

BBB Debt by Sector in the U.S. By sector in the U.S., financial institutions have the largest amount of ‘BBB’ debt: $744 billion. That’s 53% of investment-grade bonds in the United States. You may also like “The U.S. Corporate Bond Debt Rated ‘BBB’ Exceeds $3 trillion.”  Image: S&P Global Fixed Income Research

U.S. Debt to Nominal GDP Ratios from 1975 to 2019

U.S. Debt to Nominal GDP Ratios from 1975 to 2019 Government debt: 97.2% of Nominal GDPHousehold debt: 76.4% of Nominal GDPNon-financial corporate debt: 73.9% of Nominal GDP You may also like “Is U.S. Household Debt a Problem?“ Image: J.P. Morgan Asset Management “Guide to the Markets” for Q2 2019