Unlock the White House Watch newsletter for free
Your guide to what Trump’s second term means for Washington, business and the world
Bankers are urging US companies to tap debt markets now to fend off the risk that Donald Trump’s trade war sets off another wave of market tumult that makes borrowing more challenging.
US corporate lending markets have stabilised markedly since Trump triggered steep falls in asset prices with his April 2 announcement of big tariffs on trading partners.
Yields on speculative rated US bonds have eased to 7.84 per cent from a high of 8.65 per cent on April 7, according to Ice Data Services.
The reprieve in markets, prompted by Trump pausing most of his steep “reciprocal” tariffs and data showing the US economy fared better than some investors had feared in early 2025, has created a good opportunity for groups to raise funds, according to investors, bankers and analysts.
“Companies should take…
