Search for high returns triggers European high-yield bond boom

02/13/2013 | Wall Street Journal, The

Fund managers seeking higher-yielding assets are sending cash to Europe, including areas locked out of the bond markets during much of 2012, as they dramatically increase purchases of high-yield bonds issued in the region. European companies with below-investment-grade credit ratings issued almost $16 billion in bonds last month, the most for any January in history.

View Full Article in:

Wall Street Journal, The

Published in Briefs: