Distressed debt investment opportunities are drying up in the U.S., according to a report. The news follows consistently declining distressed debt ratios.

Bonds that are trading below the 50 cents on the dollar mark now total only $8.9 billion or 1.1% of the high yield market, according to JPMorgan data cited in the Financial Times. This is down from $202 billion in bonds or 27.5% of the market one year ago.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.