Relevant:
- Guess What Happened The Last Time Junk Bonds Started Crashing Like This? Hint: Think 2008
- Loan market rejects find a home in high-yield (AND "COVENANT-LITE" NOW STANDARD!!)
- Investors signal concern over corporate credit market
- US credit markets dry up as volatility rattles investors
- Bond Market Rout Just Wiped Out $1 Trillion From Investors
2007-11-29 — telegraph.co.uk
"Companies in Britain and Europe have failed to place a single high-yield bond since the credit crunch kicked off in August, and may now have to wait until next year before the credit market reopens for business."
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