Quick wrap: Peloton tests junk market, gilts beat Bunds

Peloton is marketing its first junk bond, gilts beat euro-area debt as oil fell, and Treasuries barely moved before Tuesday’s inflation report.

MoneyTurkey Bonds Desk | 9 November 2026

Peloton tests the high-yield market

Peloton Interactive launched a private offer of $600 million of senior secured notes due 2032 on Monday, its first trip to the junk-bond market, and plans a new $200 million five-year revolving credit line. With cash on hand, the proceeds will repay its term loan, which had $697.5 million outstanding after an October paydown, according to the company and its latest 10-Q filing. The notes are being marketed at a yield in the low-to-mid 9% range and are set to price later this week, Bloomberg reported, with Goldman Sachs leading. The shares rose about 3% in early trading, Investing.com said.

Gilts beat Bunds as oil falls

UK government bonds outperformed euro-area peers as Brent fell 3.6% to $94.80 a barrel, Dow Jones Market Talk reported. The 10-year gilt yield fell 3 basis points to 5.121%, against a 0.4-point dip in the German 10-year to 3.243%, at the time of that report.

Treasuries wait for CPI

The 10-year Treasury yield ended Monday at 4.86%, little changed from Friday’s 4.86%, Yahoo Finance data show. The October CPI report is due on Tuesday at 08:30 New York time (13:30 London), according to the Bureau of Labor Statistics. Our earlier piece covered the jobs-data move in Treasuries.

For information only. Not investment advice.

Sources

• Peloton release
• Bloomberg
• Investing.com
• Dow Jones Market Talk via TradingView
• BLS CPI schedule