Portfolio flows rise in July, as Canadian investors curb cross-border buying: StatCan
Both investment grade and speculative companies saw debts decline: S&P
Both investment and speculative grade companies saw cash ratios drop
Share of companies facing transition risks increasing
As financing conditions stay tight, repeat offenders elevate defaults
Refinancing activity drove new issue spike, even as defaults rise
Effects likely to be focused on weaker, low-rated issuers
Market reaction to geopolitical events often proves overblown
Defaults, delinquencies poised to rise for rate-sensitive borrowers
Bond issuance up, driven by accelerated refinancing