Tuesday, 10 July 2007

US HIGH YIELD-US junk bonds sell off, threatening LBO financing

(Reuters) - Junk bonds sold off on Tuesday, turning an already fragile
financing market uglier, after ratings warnings on billions of
dollars of subprime mortgage-related bonds snuffed out appetite
for risky debt.




A number of deals have already been pulled because of poor
market conditions or balking investors.


Read more at Reuters.com Bonds News

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