Goldman Sachs stated that a surge in U.S. high-yield bond issuance is putting pressure on investor demand, pushing junk bond spreads to their widest level since April. September issuance reached $38.5 billion, while CCC-rated bond spreads have soared

2026-09-28

Goldman Sachs stated that a surge in U.S. high-yield bond issuance is putting pressure on investor demand, pushing junk bond spreads to their widest level since April. September issuance reached $38.5 billion, while CCC-rated bond spreads have soared to their highest level since 2023. Furthermore, Goldman Sachs has monitored nearly $600 billion in AI-related bond issuance this year and warned that 2027 could see a new round of accelerated issuance.