Subject: US Corporate Bond Downgrades Surge
US Corporate Bond Downgrades Are Surging At An Alarming Pace:

"$55 billion of corporate bonds were downgraded from investment-grade to junk status in 2025, the highest since 2020." (The last time Trump was President.)

"Downgrade volumes were 5.5 times higher than upgrades, compared to 4.8 times in 2020.
By comparison, in 2024, there were only $4 billion in downgrades and $22 billion in upgrades, meaning upgrades outpaced downgrades by 5.5 times."

"Meanwhile, $63 billion of bonds are now on the brink of junk status, up from $37 billion at the end of 2024."

The credit quality of US corporate bonds is deteriorating...
Or as Donald Trump would say, "We have the hottest economy!"

https://finance.yahoo.com/news...?