Junk bond sales slump signals bankruptcy boom

[staff]

Junk bond sales slump signals bankruptcy boom
      


Business could hardly be slower in the junk bond market, but that means the bankruptcy business is set to go into overdrive.
Global high-yield bond sales are off to the slowest start since the 1991 U.S. recession as an anemic U.S. economy, worldwide credit crunch and no appetite for risk put the squeeze on corporations and [...]
         

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