High Yield Corporate Bond Market Summary – Week Ending 7/24/26

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	Q3 2026
Arches Buyer Inc.	$500M senior secured notes	BofA	Q3 2026

Top 10 Performers

Showcases the top 10 HY Corp performers based on the largest bid price increases between 7/17/26 – 7/24/26

Rank	Bond Name	Coupon	Maturity	Change	PRC	PRC-1W	Dealers
1	HTZ 5 12/1/2029 144A	5%	12/01/29	▲ 11.78%	28.17	25.20	27
2	BNORNO 7.875 5/19/2031 144A	7.875%	05/19/31	▲ 8.07%	107.61	99.58	14
3	AMC 7.5 2/15/2029 144A	7.500%	02/15/29	▲ 4.85%	95.73	91.30	23
4	FWRD 9.5 10/15/2031 144A	9.5%	10/15/31	▲ 4.74%	99.02	94.54	18
5	FAEACO 12.814 PERP REGS	12.8%		▲ 3.61%	82.67	79.80	12
6	CLF 6.25 10/1/2040	6.250%	10/01/40	▲ 3.26%	80.38	77.84	18
7	SIMHBZ 5.2 1/26/2031 REGS	5.20%	01/26/31	▲ 2.77%	84.36	82.09	17
8	BRASKM 5.875 1/31/2050 REGS	5.9%	01/31/50	▲ 2.69%	43.90	42.75	23
9	CLW 4.75 8/15/2028 144A	4.750%	08/15/28	▲ 2.23%	84.75	82.90	13
10	LEBAN 6.65 2/26/2030 REGS	6.65%	02/26/30	▲ 2.07%	25.16	24.65	18

Bottom 10 Performers

Showcases the bottom 10 HY Corp performers based on the largest bid price decreases between 7/17/26 – 7/24/26

Rank	Bond Name	Coupon	Maturity	Change	PRC	PRC-1W	Dealers
1	UFS 6.25 9/1/2042	6.25%	09/01/42	▼ -11.13%	32.47	36.53	12
2	VMED 5 7/15/2030 144A	5%	07/15/30	▼ -10.31%	66.21	73.82	22
3	GYI 11.25 2/21/2030 144A	11.25%	02/21/30	▼ -6.55%	78.67	84.18	9
4	LILAPR 6.75 10/15/2027 REGS	6.75%	10/15/27	▼ -5.83%	57.91	61.49	14
5	MERLLN 8.375 2/15/2032 144A	8.375%	02/15/32	▼ -5.81%	77.94	82.75	19
6	ARAGVI 12.75 5/26/2031 144A	13%	05/26/31	▼ -4.74%	76.79	80.60	13
7	VRTU 7.125 12/15/2028 144A	7.125%	12/15/28	▼ -4.73%	74.91	78.64	13
8	TROX 4.625 3/15/2029 144A	4.625%	03/15/29	▼ -4.72%	64.89	68.10	24
9	ATOFP 5.2 12/18/2030 REGS	5.2%	12/18/30	▼ -4.71%	95.59	100.31	18
10	AZUBBZ 9.875 2/15/2031 REGS	9.875%	02/15/31	▼ -4.56%	89.90	94.19	20

Avg Industry Price

Displays the HY Corp average industry price by sector between 7/17/26 – 7/24/26. 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 7/17/26 – 7/24/26

Top Quote Volume Movers: This Week vs Last Week

Exhibits the HY Corps with the largest increase in quote volume for the week ending 7/17/26 vs. the week ending 7/24/26

Rank	Tranche	Coupon	Maturity	Prior Week	This Week	Increase	% Increase
1	AA 7.125 3/15/2031 REGS	7.13%	03/15/31	47	233	186	▲ 396%
2	CHEPDE 7.125 6/15/2031 144A	7.13%	06/15/31	42	213	171	▲ 407%
3	AY 6.375 2/15/2032	6.38%	02/15/32	31	177	146	▲ 471%
4	BURLN 9.25 7/1/2031 REGS	9.25%	07/01/31	70	183	113	▲ 161%
5	AMC 15 2/19/2029 144A	15.00%	02/19/29	73	164	91	▲ 125%
6	AMAGGI 5.25 1/28/2028 144A	5.25%	01/28/28	59	149	90	▲ 153%
7	RCL 5.375 7/15/2027 REGS	5.38%	07/15/27	21	111	90	▲ 429%
8	CODI 5 1/15/2032 REGS	#VALUE!	01/15/32	52	130	78	▲ 150%
9	CECGR 6.25 7/15/2029 144A	6.25%	07/15/29	99	170	71	▲ 72%
10	SDSELE 5.5 7/23/2026 144A	5.50%	07/23/26	16	80	64	▲ 400%

Most Quoted HY Corps

Ranks the HY Corps that were quoted by the highest number of dealers between 7/17/26 – 7/24/26

Rank	Tranche	Coupon	Maturity	Dealers
1	NVDA 4.95 6/15/2036	4.95%	06/15/36	36
2	NVDA 5.625 6/15/2056	5.63%	06/15/56	35
3	NVDA 5.55 6/15/2046	5.55%	06/15/46	34
4	NVDA 4.5 6/15/2031	4.50%	06/15/31	34
5	NVDA 4.75 6/15/2033	4.75%	06/15/33	34
6	BBVASM 7.75 PERP	7.22%	NULL	33
7	BACR 8 PERP	9.40%	NULL	33
8	SANTAN 9.625 PERP	9.28%	NULL	33
9	SANTAN 9.625 PERP	9.27%	NULL	33
10	NTT 4.741 3/31/2028 144A	4.74%	03/31/28	32

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 7/17/26 – 7/24/26

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