FYI: The supply of U.S. companies with junk-rated debt is rising just as investor demand for higher yields is climbing.
Moody's reports a two-year high in company debt rated B3 negative or worse—a.k.a. junk—as part of a trend that has seen the list of 184 companies grow by 26 percent over the period. The rise has been led by oil and gas firms, which accounted for 12 of the 28 additions to the junk list in February.
Regards,
Ted
http://www.cnbc.com/id/102545806
