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High-Yield Hungry U.S. Buyers Gaze Eastward.

Authors :
Sheahan, Matthew
Source :
Investment Dealers' Digest; 2/25/2011, Vol. 77 Issue 8, p1-17, 2p
Publication Year :
2011

Abstract

The article focuses on junk bond issuance in Asia. It notes that high-yield bond issuance had increased in 2011 from Asian companies, but U.S. investors stayed cautious as pitfalls remain despite strong corporate conditions. A report from Moody's Investor Service reveals that junk bond issuance in Asia in 2010 was nearly four times that of 2008 and 2009. Jack Deino of Invesco Inc. says they would have had more exposure in Asian high-yield corporate if it were not for corporate governance issue.

Details

Language :
English
ISSN :
00210080
Volume :
77
Issue :
8
Database :
Complementary Index
Journal :
Investment Dealers' Digest
Publication Type :
Periodical
Accession number :
58834143