Reported about 11 hours ago
Europe's junk bond market is witnessing a notable trend termed the 'dash for trash,' as investors flock to low-rated bonds from recently restructured companies, such as Atos SE, Altice France, and Standard Profil. Amid limited new debt issuance and a tightening risk premium, these high-coupon bonds are becoming increasingly desirable. While some companies have had multiple debt restructurings, the current market remains resilient, prompting investors to chase higher yields in this competitive landscape.
Source: YAHOO