Market Extra: Junk-bond issuance pauses as Russia threatens Ukraine, with spreads at their widest level in a year

Companies are putting off seeking financing in the U.S. high-yield, or junk, market, for now, on the threat of war in Ukraine and as borrowing costs climb.

Companies are putting off seeking financing in the U.S. high-yield, or junk, market, for now, on the threat of war in Ukraine and as borrowing costs climb.