Data shows that NIO's Autos have a coupon rate of 3.875%, and the dollar Convertible Bonds maturing in 2029 fell to 67.65 cents per $1 face value in April, marking the lowest point in over seven months.

Daniel Skelly, head of the market research and strategy team at Morgan Stanley Wealth Management, stated: "Investors should continue to focus on the long term, paying attention to companies with strong profitability, limited impact from tariffs, and good balance sheet quality."

One of Wall Street's biggest bulls is giving up on the expectation of a significant rise in the stock market this year, believing that tariffs are inflicting the heaviest damage on USA companies. The strategy team at Deutsche Bank, led by Bankim Chadha, has lowered its year-end S&P 500 Index target to 6,150 points.