Boeing bondholders are taking precautions ahead of a potential downgrade to junk status. The company's financial struggles, including delays and cost overruns in its 737 MAX program, have raised concerns about its creditworthiness. As a result, some investors are hedging their bets by buying credit default swaps (CDS) or selling Boeing bonds. While the move is seen as defensive, it highlights the uncertainty surrounding the company's financial future.

Source: https://www.marketwatch.com/story/boeing-bondholders-get-defensive-ahead-of-potential-downgrade-to-junk-2ff5d84e?mod=mw_rss_topstories