The Credit Market Is Humming—and That Has Wall Street On Edge
1. High-grade corporate bond yields hit lowest since 1998, indicating market concerns. 2. Private-equity firms, including Silver Lake, are pursuing Electronic Arts for $50 billion. 3. Rising defaults in private credit markets raise questions about economic stability. 4. Investor optimism persists despite low returns, risking exposure to credit market flops. 5. Bankruptcies in auto world spark fears in broader credit markets.