Hybrid Bonds Boom: Companies Cash In, Investors Risk It

Hybrid bonds are booming, with over $65 billion sold this year, as companies like Carlsberg, General Mills, and Verizon issue them to bolster balance sheets and take advantage of low costs. Investors are drawn to the extra yield, despite risks like skipped payments or unclear repayment dates. The surge began with a Moodys rating change and is led by euro hybrid market, nearing $100 billion. Demand is high, but experts advise caution due to potential volatility. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d7a4059a85ff6b91