High-yield bond sales increase as fear of sovereign risk eases

03/3/2010 | Reuters

The high-yield bond market saw $15.8 billion in issuance last month, making it the busiest February on record. Strategists expect more such sales in the near future. December and January sales also reached record highs, according to data from KDP Investment Advisors. "There's certainly a lot of demand from companies that need to refinance bonds and particularly loans," said Kingman Penniman, president of KDP.

View Full Article in:

Reuters

Published in Brief: