TITLE

High Yield Market Hits a Rough Patch

AUTHOR(S)
Sheahan, Matthew
PUB. DATE
November 2010
SOURCE
High Yield Report;11/29/2010, Vol. 21 Issue 48, p3
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the decline of the junk bond market in 2010. It relates that current trends in the market include declining spreads, pulled deals, and negative fund flows. The decision of long-term junk bond investors to reduce their exposure to high yield was prompted by the low rate of coupons on the primary market. It relates the decline of the Merrill Lynch High Yield Master II index on November 22, 2010.
ACCESSION #
55538955

 

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