Convertible Bond Pricings Jump 43% in 2026 as Coupons Hit Zero
US convertible bond pricings ran 43% above 2025’s H1 pace through mid-June, with Ciena, Akamai, and ON Semi tapping the market at zero coupons.
US convertible bond pricings ran 43% above 2025’s H1 pace through mid-June, with Ciena, Akamai, and ON Semi tapping the market at zero coupons.
Fastly plunged 22%, Akamai fell 17%, and Cloudflare dropped 14% in a single session. Here’s what’s driving the CDN sector’s brutal selloff in Q1 2026.