(Reuters) - Share buybacks, big dividend payments and a tidal wave of
merger and acquisition activity -- set this year to beat the
record level reached in 2006 -- all pose threats to company
creditworthiness.
But the corporate debt market in Europe has yet to react,
with yield spreads at their tightest in at least two years,
according to data from Merrill Lynch, and new bond issues being
snapped up voraciously -- although investors and analysts warn
that this rosy view of the world cannot persist.
Read more at Reuters.com Bonds News
merger and acquisition activity -- set this year to beat the
record level reached in 2006 -- all pose threats to company
creditworthiness.
But the corporate debt market in Europe has yet to react,
with yield spreads at their tightest in at least two years,
according to data from Merrill Lynch, and new bond issues being
snapped up voraciously -- although investors and analysts warn
that this rosy view of the world cannot persist.
Read more at Reuters.com Bonds News
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