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Text size [+][-]  Saturday November 21 2009GLOBAL EDITION

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29 Jul 2009 20:59

Debt doubts



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JPMorgan analysts predict that US corporate borrowers will sell $300bn of debt in the second half, down from $615bn in the first.

Despite strong revenues from rating corporate bond issues in the second quarter, Moody’s officials cautioned that the second half of the year could see a drop in market activity, especially among junk issuers.

Global corporate bond issuance hit a record $1.8 trillion in the first half, according to Standard & Poor's.

Bond market: 


dwight.cass@breakingviews.com

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