EDITION 4
Janus Henderson
Corporate Debt Index
The Corporate Debt Index is a long-term study into trends in company indebtedness around the world, the investment opportunities this provides and the risks it presents.
Companies around the world took on
US$456bn
of net new debt in 2022/23,
pushing the outstanding total up 6.2% on a constant-currency basis
Higher
debts
are backed by
record profits -
US$3.62 trillion
in 2022/23
Income
is back
- median yield on investment-grade bonds was
4.9% by May,
up from 4.1% a year ago
All figures in US dollars, unless otherwise stated. As of June 30, 2023
Glossary
| Bond | A bond is parcel of debt. By buying a bond, investors give money to a borrower, usually for a fixed term and for a fixed rate of interest. Bonds can be bought and sold on financial markets, and the value changes over time with varying market conditions. |