Boeing, Ford and Warner Bros. Discovery Have Billions in Debt Coming Due as Yields Hit 5.3%
The U.S. bond market just became a lot less forgiving for companies that need to refinance. The 10-year Treasury yield climbed to 5.31% Monday, its highest level since 2002, while borrowing costs for weaker corporate borrowers have surged even more. For investors, that creates a less obvious risk: companies can carry p