Companies sell high-yield bonds at fastest pace in years

03/22/2010 | Bloomberg

Because the economic recovery appears to be gaining steam, companies worldwide, including French automaker Renault and U.S. Steel, are selling high-yield bonds at the quickest rate since 2007, when credit markets froze. "Investors are much more sanguine about risk than they were just a few months ago and are taking on more to get a higher yield," said Paul Owens, credit analyst at Liontrust Investment Services.

View Full Article in:

Bloomberg

Published in Brief:

SmartBrief Job Listings for Business

Job Title Company Location
Director, Workforce
AIA
Arlington, VA
Administrative Management Specialist
Smithsonian Institute
Washington, DC
Manager, Human Resources
L'OREAL USA
Florence, KY
Generalist - Human Resources
Marriott Hotels Resorts
Brooklyn, NY
Admissions - Assistant Director
The Art Institutes
Novi, MI