If 50% of BBB bonds were downgraded, it would shift $1.30 trillion to junk status.

“If 50% of BBB bonds were downgraded, it would shift $1.30 trillion to junk status. Put into perspective, the entire junk market today is less than $1.25 trillion, the sub-prime market in 2008 peaked at $1.30 trillion. @michaellebowitz t.co/FXo9dDbCnm pic.twitter.com/5tiWEdTlIm

— Lance Roberts (@LanceRoberts) May 30, 2019