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High-Yield Debt Sales Stall as Economy Slows, Returns Fade: New Bond Alert
Bloomberg
September 01, 2010
By Sapna Maheshwari
Companies are planning to sell at least $4.25 billion of debt as offerings of high-yield, high- risk bonds halted for a seventh trading day amid signs of a slowing economy.
No junk-rated companies have sold debt in the U.S. since Aug. 20, according to data compiled by Bloomberg.
For the full text of the article, visit http://www.bloomberg.com/news/2010-09-01/high-yield-high-risk-debt-sales-halt-as-economy-slows-new-issue-alert.html
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