Warner Bros. Junk Bond Surge Highlights Fallen Angel Investing Opportunities
ByAinvest
Saturday, Sep 13, 2025 2:29 pm ET1min read
WBD--
Warner Bros. Discovery's junk bonds have surged, benefiting investors who bet on the company when its future looked bleak. Fallen angel debt, companies that lose their investment-grade status, can often profit due to relatively strong businesses. Six issuers with notes worth $57.4 billion have tumbled into junk this year, with more trouble potentially coming due to economic pain ahead and inflation data signaling ongoing price pressures.
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