Credit market bargain shoppers are struggling to find deals due to record low spreads on high-grade company debt globally. Investors are taking on more risk for minimal extra yield, leading to concerns about market complacency. Job growth in the US has slowed, raising caution about economic activity. Finding cheap high-yield bonds remains challenging. President Trump signed an executive order easing access to private credit, real estate, and cryptocurrency in 401(k)s. Meta Platforms Inc. selected Pimco and Blue Owl Capital Inc. to lead a $29 billion financing for data center expansion. Blackstone Inc. did not make an offer for New World Development Co. stock. Issuers surpassed forecasts with over $40 billion in investment-grade bond offerings. Apollo Global Management Inc. sees potential in trading private assets to shake up the industry. JPMorgan Chase is exploring a risk transfer tied to loans for artwork purchases. KKR hired Ken Murata for its credit business in Japan. Citigroup hired Aashish Dhakad from Ares Management for private credit origination in North America. Blackstone hired Mao Ito from Goldman Sachs for private credit origination in Japan. HSBC appointed Jake Hartmann as head of US debt capital markets for financial institutions. Annika Kim joins Texas Municipal Retirement System as credit director. Lane42, founded by Ares Management alumnus Scott Graves, adds David Farber and Victoria Aparece as partners. Monroe Capital hires Todd Davis as director for loan originations.

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