HY Funds Struggle to Put New Money to Work

Sheahan, Matthew
November 2011
High Yield Report;11/7/2011, p3
The article reports on the struggle of traders to buy high yield bond in size. It attributes the situation to lack of inventory and reluctance of dealers to show a short offering. It characterizes the market as slow to restart after shutting down amid market turmoil over the 2011 summer. It describes post-Labor Day new issuance as underwhelming. It highlights the need for a buyer of junk bonds when the market is a seller.


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