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Report published June 1, 2026

Piper Sandler Debt Capital Markets Update - June 1, 2026

Piper Sandler · June 1, 2026

The Piper Sandler report details a busy week in debt markets with $14.3 billion in combined HY bond and leveraged loan volume. While HY bond yields tightened significantly by 29 bps, both asset classes continue to see fund outflows.

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Finvaulta summarizes Piper Sandler's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.

Key Takeaways

  • 1.High-yield bond yields for B2/B rated issues saw a significant weekly decrease of 29 bps, ending at 6.44%.
  • 2.Investment Grade bond volume shows robust year-over-year growth, up 31% in dollar terms compared to 2025 YTD.
  • 3.Both loan and high-yield funds experienced continued outflows this week, contributing to YTD outflows of $4.2 billion and $5.0 billion respectively.

Table of Contents

  • Loan & Bond Yields and Volume
  • DEBT CAPITAL MARKETS CONTACTS
  • Market Commentary
  • New High Yield Bond Issues (1)
  • New Leveraged Loan Launches (1)
  • New Investment Grade Bond Issues (1)
  • Total Debt Volume
  • Benchmark Yields

Report data

Total Debt Volume

MetricEstimateContext
Secondary High-Yield Yield (B2/B)6.44%Secondary market yield for sub-investment grade bonds.
YTD High-Yield Bond Volume112,924 USD MillionsYear-over-year comparison of HY bond issuance.
Source: AdvantageData; Piper Sandler, PitchBook LCD. This is a dated model snapshot, not a live forecast.

Reports in this series

Debt Capital Markets Update is shown in chronological order through this edition, published on June 1, 2026.

Part of the Debt Capital Markets Update series — view all 8 editions

Looking for the latest edition? dcm100526 (Oct 5, 2026)

  1. May 11dcm051126
  2. May 19dcm051826

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