Risky Software Company Debt Hits Record High

Risky loans to US software companies reached a record $40.5 billion by March 2026, up from $10.7 billion, per Yahoo Finance. These loans — debt trading for less than it's worth — sit in mutual funds and ETFs everyday investors hold. The fourfold jump means software-sector trouble has spread from stocks into debt markets, where getting money back depends on companies restructuring.