Breakingviews on Twitter
Search League Tables

Monday, 30 May 2016

Market renaissance dethrones would-be debt kings

Uneasy lies the head

The crisis in Europe put top-rated U.S. corporate debt on something of a safe-haven par with sovereign issuers. The return of big buyouts like Heinz and Dell and rising U.S. Treasury yields leave these bondholders vulnerable to big losses. Risk-free is now and forever a myth.

This content is for Subscribers only

To access full content you must be a subscriber. Please use the following link to request a trial.

Sign In

(Launches in a new window)