“Prices on U.S. high-yield bonds kept sinking Monday as London-based Lucidus Capital Partners became the latest fund to liquidate holdings as investors demanded their money back. The risk premium on the Markit CDX North American High Yield Index, a credit-default swaps benchmark tied to the debt of 100 speculative-grade companies, rose as much as 17.1 basis points to 539.810 basis points at 8:31 a.m. in New York, the highest since November 2012. Lucidus Capital Partners, a high-yield credit fund, said on Monday it would return the $900 million it has under management to investors next month.”
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Tip Freedomwat.ch Staff with Bitcoin
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