YTD in U.S. Corporate #Credit (via S&amp;P):

-108 Upgrades
-1239 Downgrades
-Lowest Upgrade/Downgrade ratio on record
-Already more downgrades in Q2 than Q1
-1 co in Q2 has gone from HY to IG (congrats Agilent)
$SPX #COVID19 https://t.co/gjVO66nb3I