TITLE

High-Yield Market Just Won't Back Off

AUTHOR(S)
Appin, Rick; Husband, Sarah; Burns, Mairin
PUB. DATE
September 2003
SOURCE
Investment Dealers' Digest;9/8/2003, Vol. 69 Issue 34, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on European investors' purchase of junk bonds. Overvaluation of high yields according to the Garman Model, which tracks the high-yield bond market spread; Differences in opinion regarding the sustainability of current interest trends; Shortage of deals in Europe.
ACCESSION #
10793319

 

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