“Speculative-grade borrowers raised about $26 billion of debt this month, more than double what was sold in October. That made it the busiest month for the riskier borrowings since May. Issuance was dominated by companies whose credit profile is on the rise and those who were willing to pay up. Investors are more discerning in a junk-bond market where a rout in commodities may leave them with the first loss since 2008. And even as issuance of the debt picked up this month, this year’s tally of $275.6 billion is down by 21.6 percent from last year’s pace.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Federal court rules Facebook ‘Likes’ are protected by First Amendment
Nicaraguan army overruns neighborhood controlled by protesters
Parents sue after their son's remains used in police dog-training
Analyst says HSBC overstated assets by billions
Even when jobs return, Detroit’s workers fall short on skills
David Stockman: Banks Too big to Fail, Another Bubble
Botched circumcisions during initiation ritual kill 30 in South Africa
German prosecutors rummage through nursing homes in search of ex-Nazis
Japan to adopt 'bail-ins,' force bank losses on investors if needed, Nikkei says
The £240million private jet with a Turkish bath, boardroom and concert hall
Federal judge rules drivers allowed to flash headlights as warning
Proposed U.S. law could be a Snowbird tax timebomb
Jump in Swiss jobs good news for expats
Dutch Silk Road vendors 'caught with a thick layer of MDMA in their hair'
Blackstone Selling 1,300 Atlanta Houses in Strategy Shift