app.title

corporate debt

Topic

A significant financial risk highlighted in the podcast. The tariffs could impact company revenues, potentially triggering debt covenant violations and defaults, which would pose a systemic risk to the economy.

entitydetail.created_at

7/22/2025, 3:50:39 AM

entitydetail.last_updated

7/22/2025, 5:41:50 AM

entitydetail.research_retrieved

7/22/2025, 5:41:50 AM

Summary

Corporate debt refers to the total amount of money owed by non-financial companies, often measured as a percentage of a country's Gross Domestic Product (GDP), with data available from organizations like the International Monetary Fund (IMF). High levels of corporate debt can pose significant risks to the financial system, potentially leading to defaults and impacting markets such as credit default swaps (CDS). Policies, like tariffs (e.g., the 'Liberation Day Tariff' discussed in the Trump Administration context), can influence the corporate debt market by affecting trade and economic stability, and may require intervention from central banks like The Fed to manage interest rates and counter recessions. The U.S. corporate bond market, a key component of corporate debt, demonstrated significant activity, with outstanding debt reaching $11.4 trillion as of Q1 2025 and new issuance totaling $987.8 billion as of May 2025.

Referenced in 1 Document
Research Data
Extracted Attributes
  • Key Risk

    Potential for defaults, impacting financial stability.

  • Definition

    Total amount of money owed by non-financial companies.

  • Central Bank Role

    Central banks (e.g., The Fed) manage interest rates to counter recessions impacting corporate debt.

  • Influencing Policy

    Tariffs, which can affect trade and economic stability.

  • Measurement Metric

    Percentage of a country's Gross Domestic Product (GDP).

  • Monitoring Instrument

    Credit default swaps (CDS).

  • Credit Quality Trend (2024)

    Improved due to margin expansion and stabilizing leverage.

  • Credit Fundamentals Outlook (2025)

    Expected to be stable, with a risk of more debt-funded M&A.

  • US Corporate Bond Outstanding (Q1 2025)

    $11.4 trillion

  • US Corporate Bond Trading (as of May 2025)

    $61.5 billion ADV

  • US Corporate Bond Issuance (as of May 2025)

    $987.8 billion

Timeline
  • Credit quality for corporate debt improved due to margin expansion and stabilizing leverage. (Source: Web Search (Breckinridge))

    2024-01-01

  • US corporate bond outstanding debt reached $11.4 trillion as of the first quarter. (Source: Web Search (SIFMA))

    2025-01-01

  • Outlook for corporate bond market: stable credit fundamentals expected, but with a risk of more debt-funded M&A. (Source: Web Search (Breckinridge))

    2025-01-01

  • US corporate bond issuance reached $987.8 billion year-to-date. (Source: Web Search (SIFMA))

    2025-05-01

  • US corporate bond trading averaged $61.5 billion daily year-to-date. (Source: Web Search (SIFMA))

    2025-05-01

  • High yield corporates experienced their first weekly loss since mid-May. (Source: Web Search (Nuveen))

    2025-05-15

  • Gross issuance of corporate bonds reached $426 billion, up 5% year-over-year, by the end of Q2. (Source: Web Search (Breckinridge))

    2025-06-30

  • Nuveen published a weekly fixed income commentary discussing high yield corporate performance and tariff concerns. (Source: Web Search (Nuveen))

    2025-07-21

Wikipedia
View on Wikipedia
List of countries by corporate debt

The following list sorts countries by nonfinancial corporate debt as percentage of GDP according to data by the International Monetary Fund. * indicates "Economy of COUNTRY or TERRITORY" links.

Web Search Results
  • CORPORATE DEBT definition | Cambridge English Dictionary

    Up north and down south: prepositions for expressing directions <p>nanoship New Words nanoship © Cambridge University Press & Assessment 2025 © Cambridge University Press & Assessment 2025 ## Learn more with +Plus ## Learn more with +Plus Cambridge Dictionary Cambridge Dictionary To add corporate debt to a word list please sign up or log in. Add corporate debt to one of your lists below, or create a new one. {{message}} {{message}} Something went wrong. {{message}} {{message}} [...] Cambridge Dictionary # Meaning of corporate debt in English Your browser doesn't support HTML5 audio Your browser doesn't support HTML5 audio ## Examples of corporate debt ## Browse {{randomImageQuizHook.quizId}} {{randomImageQuizHook.quizId}} Word of the Day lemonade Your browser doesn't support HTML5 audio Your browser doesn't support HTML5 audio a drink made with the juice of lemons, water, and sugar Up north and down south: prepositions for expressing directions Blog [...] Something went wrong. {{message}} {{message}} There was a problem sending your report. {{message}} {{message}} There was a problem sending your report.

  • Weekly fixed income commentary | 07/21/2025 - Nuveen

    High yield corporates also sold off, returning -0.22% and underperforming similar-duration Treasuries by -21 bps. That was the first weekly loss since mid-May. Despite widening spreads in high yield bonds due to tariff concerns, lower-rated corporate debt continued to outperform, with CCC-rated securities delivering 0.15%. Senior loans returned 0.32% for their 14th straight weekly gain. High yield funds saw outflows of -$304 million, while loan funds had inflows of $565 million. Supply in both [...] Tariffs further undermine consumer and business confidence, raising prices while weighing on sentiment and activity. Inflation fails to continue moderating as expected, weighing on asset prices. Geopolitical flare-ups intensify around the world. ### Lower-rated corporate debt continues to outperform [...] Investing involves risk; principal loss is possible. Debt or fixed income securities are subject to market risk, credit risk, interest rate risk, call risk, derivatives risk, dollar roll transaction risk and income risk. As interest rates rise, bond prices fall. Below investment grade or high yield debt securities are subject to liquidity risk and heightened credit risk. Preferred securities are subordinated to bonds and other debt instruments in a company’s capital structure and therefore are

  • Corporate Bonds: Mid-Year 2025 Outlook - Charles Schwab

    The Bloomberg US Corporate Intermediate-term Bond Index tracks the performance of investment-grade, fixed-rate, taxable corporate bonds with maturities between 1 and 10 years. It includes bonds issued by U.S. and non-US industrial, utility, and financial issuers. Indexes are unmanaged, do not incur management fees, costs, and expenses and cannot be invested in directly. For more information on indexes, please see schwab.com/indexdefinitions. [...] Chart reflects the Bloomberg US Corporate Intermediate Bond Index and Bloomberg US Floating Rate Notes Index. Indexes are unmanaged, do not incur management fees, costs, and expenses and cannot be invested in directly. Past performance is no guarantee of future results. [...] unmanaged, do not incur management fees, costs and expenses and cannot be invested in directly. Past performance is no guarantee of future results.

  • US Corporate Bonds Statistics - SIFMA

    Issuance (as of May) $987.8 billion, +1.2% Y/Y Trading (as of May) $61.5 billion ADV, +14.9% Y/Y Outstanding (as of 1Q25) $11.4 trillion, +3.7% Y/Y Download xls U.S. Corporate Bond Issuance Bar chart with 3 data series. $ Billions View as data table, U.S. Corporate Bond Issuance The chart has 1 X axis displaying categories. The chart has 1 Y axis displaying values. Data ranges from 45.31 to 239.03. End of interactive chart. Related Resources ----------------- [...] SIFMA Research tracks issuance, trading and outstanding data for the U.S. corporate bond market. Issuance data is broken out into investment grade/high yield, nonconvertible/convertible, callable/noncallable and fixed rate/floating rate. Trading volume data has investment grade/high yield, public/144A, nonconvertible/convertible, by rating and interdealer breakouts. Data is downloadable by monthly, quarterly and annual statistics and includes trend analysis. YTD statistics include: [...] Cookie _last-refresh Duration 1 hour Description Description is currently not available. Cookie _user-token Duration past Description Description is currently not available. Cookie _user-id Duration past Description Description is currently not available. Cookie pvf_levels Duration past Description Description is currently not available. Cookie exp_pref Duration session Description Description is currently not available.

  • Q3 2025 Corporate Bond Market Outlook

    U.S. Treasury Department. That is on pace to approximate the 2024 ($264 billion) and 2023 ($270 billion) amounts, indicating solid demand.15 This is subject to change depending on tariffs and the resiliency of the U.S. dollar, but foreign buying of corporates has been sticky over the last few years and has helped offset some of the variability in domestic fund flows. [...] Related Insights ---------------- Q1 2025 Corporate Bond Market Outlook By Nicholas Elfner Credit quality improved in 2024 on margin expansion and stabilizing leverage. Entering 2025, we expect stable credit fundamentals but see more debt-funded M&A as a risk. Q2 2024 Corporate Bond Market Outlook By Nicholas Elfner IG issuer credit fundamentals are still broadly stable, and margins are hovering near their highest levels in 10 years. Q3 2024 Corporate Bond Market Outlook [...] IG corporate new issuance began the quarter sluggishly, as some deals were tabled during the early part of April due to market conditions. However, after strong May and June tallies, gross issuance of $426 billion end 2Q25 up 5 percent year-over-year (Y/Y).