U.S. Markets closed

Ford Debt Could Be Close to Getting Junked Again

Nov.09 -- Ford Motor Co. could be close to getting junked again. That’s what the bond market is saying. The company’s debt is trading like it’s speculative grade, as investors worry about how higher steel tariffs and slowing sales will weigh on its profits. Ford is rated one step above junk by Moody’s Investors Service and two steps by S&P Global Ratings. Bloomberg's Molly Smith reports on "Bloomberg Markets."