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Junk Hits a Minor Funk Amid Issuance Bonanza

May.24 -- Mounting concerns that the trade dispute could cripple global growth took a toll on high-yield this week with spreads widening by 10 basis points. PGIM’s Michael Collins, Kathy Jones of Charles Schwab and RBC Capital’s Craig Bishop sit down with Bloomberg's Jonathan Ferro to digest the $25 billion in new junk issuance amid a pause in high-yields outperformance.

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