TITLE

European Junk Is Down, Not Out

AUTHOR(S)
O'Leary, Christopher
PUB. DATE
January 2006
SOURCE
Investment Dealers' Digest;1/9/2006, Vol. 72 Issue 1, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents information on the prospects for the U.S. bond market for the year 2006. While the European high-yield bond market performed under many analysts' expectations in 2005, market players hope that the sector can revive in 2006 despite some warning signs in its sister market across the Atlantic. Further, some European deals showed aggressive pricing last year compared with the U.S., a trend that bankers hope will continue. Still, at the end of the day, European junk remains tightly tied to the U.S. market.
ACCESSION #
19505250

 

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