Junk Bonds Rally as Investors Speculate Inflation Has Peaked
The debt’s 2022 losses are erased on speculation that interest rates will top out without forcing defaults.
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction: Junk Bonds Rally as Investors Speculate Inflation Has Peaked

### Response: The debt’s 2022 losses are erased on speculation that interest rates will top out without forcing defaults.