Skydance Selloff Fuels Worst New-Bond Performance Since Pandemic

Skydance Corp.’s high-grade bonds sold off after their Sept. 30 issuance, leaving the new debt trailing the broader market by the widest margin since the depths of the Covid-19 pandemic, according to JPMorgan Chase & Co. The report concerns the performance of this bond issuance; it gives no specific price move or broader market impact.