(Reuters) - A wave of buyout-related financing is expected to hit the market just as trading activity slows for the summer and Wall Street grows more fearful that weakness in risky subprime mortgages, or home loans to people with patchy credit, could spill into other sectors.
The one-two punch of heavy debt supply and skittishness over two troubled Bear Stearns-managed hedge funds that made bad bets on subprime loans may nudge borrowing costs higher, raising the price tag on the corporate takeovers and share repurchases that have helped prop up U.S. stock gains.
Read more at Reuters.com Bonds News
The one-two punch of heavy debt supply and skittishness over two troubled Bear Stearns-managed hedge funds that made bad bets on subprime loans may nudge borrowing costs higher, raising the price tag on the corporate takeovers and share repurchases that have helped prop up U.S. stock gains.
Read more at Reuters.com Bonds News
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