Monday, June 21, 2010

Corporate Bond Sales Gaining

As worries over the European debt crisis subside somewhat, investors are turning again to corporate bonds. As a result, sales of these securities have rebounded to levels not seen since early April.

“We could see further issuance in the next month if the overall tone of the market stays positive,” said Felix Freund, a money manager at Frankfurt-based Union Investment GmbH who helps oversee 160 billion euros.

Source: Bloomberg

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