High Yield Corporate Bond Market Summary – Week Ending 9/11/26

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
Novolex	$750 million senior secured notes	UBS	Q3 2026

Top 10 Performers

Showcases the top 10 HY Corp performers based on the largest bid price increases between 9/4/26 – 9/11/26

Rank	Bond Name	Coupon	Maturity	Change	PRC	PRC-1W	Dealers
1	CNR 9.5 8/15/2029 144A	9.5%	08/15/29	▲ 7.35%	50.22	46.78	18
2	VLLPM 7.25 7/20/2027 REGS	7.25%	07/20/27	▲ 6.24%	84.50	79.54	15
3	CTEV 6.75 3/31/2031 144A	6.75%	03/31/31	▲ 5.79%	68.54	64.79	10
4	MERLLN 6.625 11/15/2027 144A	6.625%	11/15/27	▲ 5.48%	100.00	94.80	22
5	CDK 8 6/15/2029 144A	8%	06/15/29	▲ 5.19%	56.00	53.24	16
6	RADIAT 9.25 3/25/2030 REGS	9.25%	03/25/30	▲ 4.39%	82.37	78.90	8
7	DSPPHA 6.75 5/30/2030 REGS	6.75%	05/30/30	▲ 4.20%	78.41	75.25	15
8	SENEGL 4.75 3/13/2028 REGS	4.75%	03/13/28	▲ 3.74%	52.97	51.06	20
9	SCGALO 6.625 3/1/2030 144A	6.625%	03/01/30	▲ 3.44%	60.62	58.60	21
10	CSNABZ 6.75 1/28/2028 REGS	6.75%	01/28/28	▲ 3.34%	85.74	82.97	24

Bottom 10 Performers

Showcases the bottom 10 HY Corp performers based on the largest bid price decreases between 9/4/26 – 9/11/26

Rank	Bond Name	Coupon	Maturity	Change	PRC	PRC-1W	Dealers
1	ABEGET 14 3/1/2028 REGS	14%	03/01/28	▼ -8.35%	49.99	54.55	16
2	ACH 9.75 6/15/2033 144A	9.75%	06/15/33	▼ -8.29%	40.48	44.14	11
3	TELSAT 6.5 10/15/2027 144A	6.5%	10/15/27	▼ -7.86%	61.91	67.19	16
4	CSCHLD 11.75 1/31/2029 144A	11.75%	01/31/29	▼ -6.26%	50.84	54.23	15
5	GOLLBZ 14.375 6/6/2030 REGS	14.375%	06/06/30	▼ -5.40%	91.56	96.78	22
6	MPW 4.625 8/1/2029	4.625%	08/01/29	▼ -5.14%	69.78	73.56	17
7	AVIAGP 9.625 2/14/2030 144A	9.625%	02/14/30	▼ -5.05%	88.40	93.10	26
8	CPIPGR 8.875 PERP REGS	8.875%	NULL	▼ -4.75%	86.13	90.42	14
9	ACRISU 8.25 2/1/2029 144A	8.25%	02/01/29	▼ -4.35%	85.96	89.87	22
10	BALY 5.625 9/1/2029 144A	5.625%	09/01/29	▼ -4.05%	69.71	72.66	17

Avg Industry Price

Displays the HY Corp average industry price by sector between 9/4/26 – 9/11/26. 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 9/4/26 – 9/11/26

Top Quote Volume Movers: This Week vs Last Week

Exhibits the HY Corps with the largest increase in quote volume for the week ending 9/4/26 vs. the week ending 9/11/26

Rank	Tranche	Coupon	Maturity	Prior Week	This Week	Increase	% Increase
1	MERC 12.875 10/1/2028 REGS	12.875%	10/01/28	39	195	156	▲ 400%
2	VST 5.25 10/15/2035 REGS	5.25%	10/15/35	38	184	146	▲ 384%
3	CC 4.625 11/15/2029 REGS	4.625%	11/15/29	110	252	142	▲ 129%
4	ALTICE 3 1/15/2028 144A	3%	01/15/28	35	175	140	▲ 400%
5	ATLNSA 10.375 1/30/2030 144A	10.375%	01/30/30	35	175	140	▲ 400%
6	YPFDAR 8.25 1/17/2034 144A	8.25%	01/17/34	94	234	140	▲ 149%
7	MERLLN 8.375 2/15/2032 REGS	8.375%	02/15/32	92	230	138	▲ 150%
8	CC 8 1/15/2033 REGS	8%	01/15/33	100	238	138	▲ 138%
9	ALTICE 4.25 8/15/2029 144A	4.25%	08/15/29	32	160	128	▲ 400%
10	ATLNSA 3.5 4/30/2028 144A	3.5%	04/30/28	31	155	124	▲ 400%

Most Quoted HY Corps

Ranks the HY Corps that were quoted by the highest number of dealers between 9/4/26 – 9/11/26

Rank	Tranche	Coupon	Maturity	Dealers
1	NVDA 4.5 6/15/2031	4.5%	06/15/31	35
2	NVDA 4.75 6/15/2033	4.75%	06/15/33	34
3	AMZN 5.3 7/9/2036	5.3%	07/09/36	34
4	MPEL 5.625 7/17/2027 144A	5.625%	07/17/27	33
5	MPEL 5.625 7/17/2027 REGS	5.625%	07/17/27	33
6	NVDA 4.95 6/15/2036	4.95%	06/15/36	33
7	BBVASM 6.125 PERP	6.125%	NULL	33
8	TEVA 3.15 10/1/2026	3.15%	10/01/26	32
9	BACR 7.625 PERP	7.625%	NULL	32
10	CRWV 9.625 7/15/2032 REGS	9.625%	07/15/32	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 9/4/26 – 9/11/26

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