Ford's return to investment-grade status has pulled about $67 billion out of the junk-bond market

Ford Motor Co.’s return to the investment-grade market has removed billions of dollars from the high-yield market in a single day.

That comes after S&P Global Ratings upgraded Ford Motor Co.’s rating to BBB- late Monday, restoring it to investment grade after it was lowered into junk in 2020. Ford Credit, the company’s finance arm, was not included in the upgrade. S&P’s move coming right after weaker-than-expected quarterly earnings and uncertainty about its recent deal with the UAW surprised investors.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

S&P Global upgrades Ford’s rating and restores it to investment gradeCiara Linnane is MarketWatch's investing- and corporate-news editor. She is based in New York.
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »

Ford Motor's credit restored to investment grade after S&P upgradeFord bonds see selling as they are no longer eligible to be included in high-yield bond funds
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »