Have at it. Completely mental.

Money managers are having such a tough time getting their hands on debt in the $2.8tn market for junk bonds and leveraged loans that they’re calling up companies and pressing them to borrow, instead of waiting for bankers to bring new deals to them https://twitter.com/lisaabramowicz1/status/1357687786988535808

"Yield-hungry investors have been gobbling up junk bonds as an alternative to the meager income offered in less-risky bond markets... A majority of new issues, even those rated in the riskiest CCC tier of junk, have been hugely oversubscribed" https://www.bloomberg.com/news/articles/2021-02-08/u-s-junk-bond-yields-drop-below-4-for-the-first-time-ever

“The way the mar­ket is view­ing this right now is ba­si­cally say­ing, if all these triple-Cs can ac­cess fund­ing, they’re not go­ing to de­fault...The prob­lem is in­vestors are “hop­ing that this ar­gu­ment will work longer than it prob­a­bly will.” https://www.wsj.com/articles/borrowing-binge-reaches-riskiest-companies-11613385001?st=melwed7yiur6yvu&reflink=article_copyURL_share