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Strategies & Market Trends : John Pitera's Market Laboratory

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To: richardred who wrote (21964)7/11/2019 7:27:35 AM
From: elmatador1 Recommendation

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Negative bond yields spill into Europe’s emerging markets

Sovereign debt from Czech Republic, Hungary and Poland now offers sub-zero returns
Short-dated bonds issued by companies with junk ratings, including Nokia and Altice, have sunk into negative territory — an “unfortunate oxymoron” for the so-called high yield market, according to Bank of America Merrill Lynch strategist Barnaby Martin.

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