High Yield Corporate Bond Market Summary – Week Ending 5/15/26

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 5/8/26 – 5/15/26

Rank	Bond Name	Coupon	Maturity	Change	PRC	PRC-1W	Dealers
1	WINTEC 0 11/24/2027	0.00%	11/24/27	▲ 21.48%	148.10	121.91	5
2	UKRAIN 0 2/1/2035 REGS	0.00%	02/01/35	▲ 8.11%	56.32	52.10	23
3	PDVSA 6 10/28/2022	6.00%	10/28/22	▲ 7.93%	40.17	37.22	20
4	VCPLN 9.875 8/26/2029 REGS	9.88%	08/26/29	▲ 6.66%	66.29	62.15	13
5	GLPSP 4.5 PERP REGS	4.50%	NULL	▲ 6.57%	52.69	49.44	12
6	ZIP 5 1/15/2030 144A	5.00%	01/15/30	▲ 6.00%	71.81	67.75	17
7	ATOFP 1.04 12/18/2032 REGS	1.04%	12/18/32	▲ 5.55%	68.65	65.04	14
8	WOLF 7 6/15/2031 REGS	7.00%	06/15/31	▲ 5.18%	88.64	84.28	5
9	CNDT 6 11/1/2029 144A	6.00%	11/01/29	▲ 4.37%	78.50	75.21	19
10	GSYCN 6.875 2/15/2031 144A	6.88%	02/15/31	▲ 4.06%	86.32	82.96	28

Bottom 10 Performers

Showcases the bottom 10 HY Corp performers based on the largest bid price decreases between 5/8/26 – 5/15/26

Rank	Bond Name	Coupon	Maturity	Change	PRC	PRC-1W	Dealers
1	CSCHLD 7.5 4/1/2028 144A	7.50%	04/01/28	▼ -20.01%	38.55	48.19	19
2	SATS 6.625 8/1/2026	6.63%	08/01/26	▼ -13.57%	60.41	69.89	14
3	XRX 8.875 11/30/2029 144A	8.88%	11/30/29	▼ -9.79%	38.82	43.04	18
4	ZMINFO 3.875 2/1/2029 144A	3.88%	02/01/29	▼ -7.91%	77.86	84.55	24
5	UFS 6.25 9/1/2042	6.25%	09/01/42	▼ -7.39%	38.56	41.64	12
6	ZOREN 11 4/23/2030 REGS	11.00%	04/23/30	▼ -6.78%	82.37	88.36	20
7	MODULA 6.75 11/30/2029 REGS	6.75%	11/30/29	▼ -6.48%	63.83	68.26	19
8	JELD 7 9/1/2032 144A	7.00%	09/01/32	▼ -6.33%	55.50	59.25	23
9	GTN 5.375 11/15/2031 144A	5.38%	11/15/31	▼ -6.32%	71.50	76.33	27
10	BRANDI 10.375 8/1/2030 144A	10.38%	08/01/30	▼ -5.76%	87.44	92.78	19

Avg Industry Price

Displays the HY Corp average industry price by sector between 5/8/26 – 5/15/26. 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 5/8/26 – 5/15/26

Top Quote Volume Movers: This Week vs Last Week

Exhibits the HY Corps with the largest increase in quote volume for the week ending 5/8/26 vs. the week ending 5/15/26

Rank	Tranche	Coupon	Maturity	Prior Week	This Week	Increase	% Increase
1	TITANL 5 7/1/2031 144A	5.00%	07/01/31	37	190	153	▲ 414%
2	FYBR 8.75 5/15/2030 REGS	8.75%	05/15/30	74	182	108	▲ 146%
3	AMC 15 2/19/2029 144A	15.00%	02/19/29	84	184	100	▲ 119%
4	DOTMER 7.625 6/15/2032 REGS	7.63%	06/15/32	68	160	92	▲ 135%
5	VMED 5.625 4/15/2032 144A	5.63%	04/15/32	60	150	90	▲ 150%
6	BBDBCN 7.45 5/1/2034 144A	7.45%	05/01/34	202	256	54	▲ 27%
7	HONA 5.732 3/16/2056 REGS	5.73%	03/16/56	10	63	53	▲ 530%
8	CHTR 7.375 2/1/2036 REGS	7.38%	02/01/36	10	62	52	▲ 520%
9	CHTR 7 2/1/2033 REGS	7.00%	02/01/33	10	62	52	▲ 520%
10	SURINM 8.5 11/6/2035 REGS	8.50%	11/06/35	44	95	51	▲ 116%

Most Quoted HY Corps

Ranks the HY Corps that were quoted by the highest number of dealers between 5/8/26 – 5/15/26

Rank	Tranche	Coupon	Maturity	Dealers
1	BACR 4.375 PERP	7.38%	NULL	36
2	UBS 9.25 PERP REGS	8.73%	NULL	35
3	BNP 6.875 PERP REGS	7.61%	NULL	35
4	NWG 8.125 PERP	7.72%	NULL	34
5	BNP 9.25 PERP 144A	8.94%	NULL	34
6	LLOYDS 6.75 PERP	8.79%	NULL	34
7	BNP 9.25 PERP REGS	8.94%	NULL	34
8	BNP 7.375 PERP REGS	7.59%	NULL	34
9	BNP 4.625 PERP REGS	7.17%	NULL	33
10	BNP 4.5 PERP REGS	6.91%	NULL	33

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 5/8/26 – 5/15/26

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