The U.S. Corporate Bond Market Needs a Boost. Big Banks Are Helping. - Barron's

1. U.S. firms hesitate to raise debt; market boosted by big banks. 2. Investment-grade bond issuance hits slowest April start since 2009. 3. $8 billion outflow from investment-grade funds, worst since Q3 2022. 4. Spreads for investment-grade bonds at highest since November 2023. 5. Strong company balance sheets support market despite volatility.