U.S. Investment-grade Credit Underperforms as Tech Companies Face Pressure
Dow Jones
Jul 15
1456 GMT - U.S. technology and telecommunications sectors have come under pressure in recent weeks, causing the U.S. investment-grade credit segment to underperform high-yield credit, Societe Generale's Juan Valencia says in a note. U.S. investment-grade credit spreads have been widening at a greater pace than their high-yield peers due to weakness in the tech and telecommunications industries, he says. The two sectors could continue to face pressure in the coming weeks as companies release their earning reports, Valencia says. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
July 15, 2026 10:56 ET (14:56 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.