High Yield Corporate Bond Market Summary – Week Ending 4/3/26

Our newsletter presents key trends derived from observable Corporate Bond pricing data over a weekly period.

Forward Calendar

The following are lists of upcoming high-yield corporate bond offerings in the United States

Issuer	Deal Information	Banks	Expected Issue Date
Energos Infrastructure	$1.5B senior secured notes	CITI	Q2 2026
Arclin	$1.5B senior secured notes	GS	Q2 2026

Top 10 Performers

Showcases the top 10 HY Corp performers based on the largest bid price increases between 3/27/26 – 4/3/26

Rank	Bond Name	Coupon	Maturity	Change	PRC	PRC-1W	Dealers
1	EAF 4.625 12/23/2029 144A	4.63%	12/23/29	▲ 10.60%	57.00	51.54	19
2	NFE 12 11/15/2029 144A	12.00%	11/15/29	▲ 7.90%	44.07	40.84	16
3	NEXEOP 12.5 12/31/2029 144A	12.50%	12/31/29	▲ 7.55%	55.84	51.92	4
4	CLUCAR 6.375 6/1/2029 144A	6.38%	06/01/29	▲ 6.33%	78.95	74.25	20
5	SVC 4.375 2/15/2030	4.38%	02/15/30	▲ 6.23%	88.64	83.44	19
6	PRGO 4.9 12/15/2044	4.90%	12/15/44	▲ 6.12%	68.90	64.92	16
7	SATS 6.625 8/1/2026 144A	6.63%	08/01/26	▲ 4.97%	74.39	70.87	2
8	HOUSEH 9 11/3/2029 REGS	9.00%	11/03/29	▲ 4.91%	86.42	82.37	17
9	CABO 4 11/15/2030 144A	4.00%	11/15/30	▲ 4.56%	71.75	68.62	21
10	APLD 9.25 12/15/2030 144A	9.25%	12/15/30	▲ 4.43%	106.58	102.06	32

Bottom 10 Performers

Showcases the bottom 10 HY Corp performers based on the largest bid price decreases between 3/27/26 – 4/3/26

Rank	Bond Name	Coupon	Maturity	Change	PRC	PRC-1W	Dealers
1	KIKCN 8.25 6/30/2031 144A	8.25%	06/30/31	▼ -13.98%	54.25	63.07	18
2	JELD 4.875 12/15/2027 144A	4.88%	12/15/27	▼ -13.11%	63.09	72.60	27
3	AEGEBZ 9 1/20/2031 REGS	9.00%	01/20/31	▼ -10.58%	90.15	100.82	16
4	CNR 9.5 8/15/2029 144A	9.50%	08/15/29	▼ -7.35%	58.04	62.65	25
5	BURLN 9.25 7/1/2031 144A	9.25%	07/01/31	▼ -6.20%	90.74	96.73	24
6	LNZING 5.25 5/15/2029 REGS	5.25%	05/15/29	▼ -5.31%	40.54	42.81	18
7	PDVSA 5.5 4/12/2037	5.50%	04/12/37	▼ -4.71%	33.28	34.93	24
8	CSNABZ 8.875 12/5/2030 REGS	8.88%	12/05/30	▼ -4.35%	68.79	71.92	22
9	FUTRLN 6.75 7/10/2030	6.75%	07/10/30	▼ -4.28%	89.57	93.58	14
10	BRASKM 4.5 1/10/2028 144A	4.50%	01/10/28	▼ -4.19%	46.43	48.46	23

Avg Industry Price

Displays the HY Corp average industry price by sector between 3/27/26 – 4/3/26. Results are based on select industry sectors, however, we offer data across 36 sectors.

Sentiment

Reveals the percent of HY Corps increasing in price (advancers) vs. HY Corps decreasing in price (decliners) between 3/27/26 – 4/3/26

Top Quote Volume Movers: This Week vs Last Week

Exhibits the HY Corps with the largest increase in quote volume for the week ending 3/27/26 vs. the week ending 4/3/26

Rank	Tranche	Coupon	Maturity	Prior Week	This Week	Increase	% Increase
1	GFLCN 5.5 2/1/2034 REGS	5.50%	02/01/34	110	295	185	▲ 168%
2	TRACTC 5.875 3/1/2031 REGS	5.88%	03/01/31	118	293	175	▲ 148%
3	POST 6.25 10/15/2034 REGS	6.25%	10/15/34	108	280	172	▲ 159%
4	VETCN 7.25 2/15/2033 REGS	7.25%	02/15/33	108	265	157	▲ 145%
5	STYRO 8.5 3/15/2029 144A	8.50%	03/15/29	96	245	149	▲ 155%
6	COMPOS 5.625 2/1/2033 REGS	5.63%	02/01/33	70	185	115	▲ 164%
7	LVLT 8.5 1/15/2036 REGS	8.50%	01/15/36	75	188	113	▲ 151%
8	M 5.875 3/15/2030 REGS	5.88%	03/15/30	122	213	91	▲ 75%
9	RXO 6.375 5/15/2031 REGS	6.38%	05/15/31	53	144	91	▲ 172%
10	MADIAQ 4.125 6/30/2028 REGS	4.13%	06/30/28	126	210	84	▲ 67%

Most Quoted HY Corps

Ranks the HY Corps that were quoted by the highest number of dealers between 3/27/26 – 4/3/26

Rank	Tranche	Coupon	Maturity	Dealers
1	CRWV 9 2/1/2031 REGS	9.00%	02/01/31	36
2	CRWV 9 2/1/2031 144A	9.00%	02/01/31	36
3	SUN 6 4/15/2027	6.00%	04/15/27	36
4	BNP 6.875 PERP	7.61%	–	36
5	CRWV 9.25 6/1/2030 REGS	9.25%	06/01/30	36
6	CRWV 9.25 6/1/2030 144A	9.25%	06/01/30	36
7	BACR 4.375 PERP	7.38%	–	35
8	F 5.753 4/6/2033	5.75%	04/06/33	35
9	F 5.869 10/31/2035	5.87%	10/31/35	34
10	VENLNG 9 PERP 144A	9.41%	–	34

Bid-Offer Spread by Industry

Results are based on select industry sectors, however, we offer data across 36 sectors

Bid and Offer Volume

Reveals the total number of quotes by bid and offer between 3/27/26 – 4/3/26

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