Analyst: Increased supply of American corporate bonds should not be cause for alarm.

Analysts at Payden & Rygel stated in a report that the record levels of debt issuance by U.S. companies should not raise concerns for credit bond investors, as it is in line with the growth of the bond market. They said, "While it is expected that the total new issuance in 2026 will reach $1.8 trillion, setting a new annual record, it is important to consider the volume of issuance in relation to the size of the bond market." The analysts pointed out that the projected $1.8 trillion issuance only accounts for 12% of the outstanding corporate debt, a proportion that is "similar to the share of annual issuance compared to outstanding debt during the period from 2012 to 2017."