Nike bonds sell off, mirroring the sneaker maker’s stock slide - MarketWatch
1. Nike shares declined 9% last week, down 33% in 12 months. 2. Citi downgraded Nike citing turnaround challenges under new CEO Elliott Hill. 3. Nike bonds experienced more selling than buying since January 31. 4. Investment-grade spreads of Nike bonds have remained stable in 2025. 5. Nike underperformed the S&P 500, highlighting investor concerns.