High Yield Corporate Bond Market Summary – Week Ending 10/23/26

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
HIBU Purchaser	$450 million senior secured notes	ARC	Q4 2026

Top 10 Performers

Showcases the top 10 HY Corp performers based on the largest bid price increases between 10/16/26 – 10/23/26

Rank	Bond Name	Coupon	Maturity	Change	PRC	PRC-1W	Dealers
1	MCGLN 4.875 9/26/2031	4.875%	09/26/31	▲ 15.35%	89.84	77.89	17
2	HTZ 8 7/15/2029	8%	07/15/29	▲ 9.33%	40.81	37.33	3
3	CSCHLD 5.375 2/1/2028 144A	5.375%	02/01/28	▲ 7.29%	48.84	45.52	17
4	BHCCN 5.25 2/15/2031 144A	5.25%	02/15/31	▲ 6.83%	72.41	67.78	18
5	ANGI 3.875 8/15/2028 144A	3.875%	08/15/28	▲ 4.86%	85.31	81.36	20
6	UWMLLC 5.5 4/15/2029 144A	5.5%	04/15/29	▲ 4.51%	92.36	88.38	24
7	UKRAIN 0 2/1/2036 REGS	0%	02/01/36	▲ 4.40%	51.43	49.26	21
8	HCELEC 4.65 12/29/2026 REGS	4.65%	12/29/26	▲ 3.73%	63.13	60.86	13
9	SIGHCO 8.625 4/15/2031	8.625%	04/15/31	▲ 3.67%	71.60	69.07	19
10	CLF 6.25 10/1/2040	6.25%	10/01/40	▲ 3.52%	80.23	77.50	14

Bottom 10 Performers

Showcases the bottom 10 HY Corp performers based on the largest bid price decreases between 10/16/26 – 10/23/26

Rank	Bond Name	Coupon	Maturity	Change	PRC	PRC-1W	Dealers
1	LILAPR 6.75 10/15/2027 REGS	6.75%	10/15/27	▼ -24.14%	40.94	53.97	14
2	ALTICE 9.625 7/15/2027 REGS	9.625%	07/15/27	▼ -20.20%	40.30	50.50	17
3	FLL 8.25 2/15/2028 144A	8.25%	02/15/28	▼ -20.09%	68.17	85.31	11
4	NXTAU 1.75 9/17/2031 REGS	1.75%	09/17/31	▼ -14.25%	71.73	83.65	7
5	GURELE 10.748 5/21/2035 144A	10.748%	05/21/35	▼ -13.14%	75.54	86.97	2
6	BGS 11 6/15/2031 144A	11%	06/15/31	▼ -11.22%	56.00	63.08	19
7	NAVI 5.625 8/1/2033	5.625%	08/01/33	▼ -10.69%	74.48	83.40	20
8	MPW 3.5 3/15/2031	3.5%	03/15/31	▼ -10.20%	51.83	57.72	18
9	DSPPHA 6.75 5/30/2030 144A	6.75%	05/30/30	▼ -10.01%	68.96	76.63	6
10	ZAYO 9 9/9/2030 144A	9%	09/09/30	▼ -9.74%	88.00	97.49	5

Avg Industry Price

Displays the HY Corp average industry price by sector between 10/16/26 – 10/23/26. 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 10/16/26 – 10/23/26

Top Quote Volume Movers: This Week vs Last Week

Exhibits the HY Corps with the largest increase in quote volume for the week ending 10/16/26 vs. the week ending 10/23/26

Rank	Tranche	Coupon	Maturity	Prior Week	This Week	Increase	% Increase
1	BRADES 6.5 1/22/2030 144A	6.50%	01/22/30	32	164	132	▲ 413%
2	SKYD 7.875 7/30/2030 REGS	7.875%	07/30/30	28	152	124	▲ 443%
3	YPFDAR 7 9/30/2033 144A	7%	09/30/33	68	170	102	▲ 150%
4	SOTMCL 6.385 12/15/2055 144A	6.385%	12/15/55	24	116	92	▲ 383%
5	PDVSA 6 11/15/2026 144A	6%	11/15/26	124	213	89	▲ 72%
6	PDVSA 9.75 5/17/2035 144A	9.75%	05/17/35	125	214	89	▲ 71%
7	ARGID 11 12/1/2030 144A	11%	12/01/30	122	210	88	▲ 72%
8	CCOI 7 6/15/2027 REGS	7%	06/15/27	60	145	85	▲ 142%
9	ULTI 6.875 2/1/2031 REGS	6.875%	02/01/31	109	188	79	▲ 72%
10	PDVSA 6 5/16/2024 144A	6%	05/16/24	112	190	78	▲ 70%

Most Quoted HY Corps

Ranks the HY Corps that were quoted by the highest number of dealers between 10/16/26 – 10/23/26

Rank	Tranche	Coupon	Maturity	Dealers
1	SOFTBK 9.25 4/1/2032 144A	9.25%	04/01/32	40
2	SOFTBK 9.75 4/1/2034 144A	9.75%	04/01/34	38
3	AMZN 5.3 7/9/2036	5.3%	07/09/36	37
4	CRWV 9.625 7/15/2032 REGS	9.625%	07/15/32	36
5	CRWV 9.625 7/15/2032 144A	9.625%	07/15/32	36
6	AMZN 6 7/9/2046	6%	07/09/46	35
7	CRWV 9.75 10/1/2031 REGS	9.75%	10/01/31	34
8	CRWV 9.75 10/1/2031 144A	9.75%	10/01/31	34
9	GALAXY 9.875 8/1/2031 REGS	9.875%	08/01/31	34
10	GALAXY 9.875 8/1/2031 144A	9.875%	08/01/31	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 10/16/26 – 10/23/26

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