Thursday, July 5, 2007

US HIGH YIELD-Market turmoil may spell end to easy money

(Reuters) - Following a tumultuous two weeks in which several junk bond
sales were pulled or terms sweetened to draw buyers, all eyes
will be on a spate of bond sales expected after this week's
Fourth of July holiday hiatus for a clue to the appetite for
risky debt.




Few are talking about a broad credit tightening, since it
is mostly the riskiest deals that have struggled to find
buyers, yet the days of freewheeling financing for all comers
are likely over, investors said.


Read more at Reuters.com Mergers News

No comments: