1433 GMT - Enormous supply of investment-grade corporate bonds could cause overall spread levels to widen, potentially creating opportunities for investors to buy them at cheaper levels, Thornburg Investment Management's Christian Hoffmann says in a note. "This is positive from an investment perspective as we can take advantage not necessarily in the specific issuers but more broadly as additional supply can enforce all issuers to offer more compensation to participate," the head of fixed income says. The majority of issuance and supply is concentrated in the investment-grade market, which continues to be backed by high-quality companies, he says. (emese.bartha@wsj.com)

(END) Dow Jones Newswires

February 12, 2026 09:33 ET (14:33 GMT)

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