Big Investors Lose Faith in Europe’s ECB-Fuelled Junk Rally

Some of Europe’s biggest money managers are getting ready for a turnaround in the two-year bull run of the continent’s riskiest corporate debt. Source: Bloomberg Some of Europe’s biggest money managers are getting ready for a turnaround in the two-year bull run of the continent’s riskiest corporate debt. Deutsche Asset Management has reduced holdings of…

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European Bond Market Rally Continues

The European Central Bank surprised investors last week with announcement that it will start buying corporate bonds. It certainly is an unprecedented central-bank stimulus measure what leaves more questions than answers at this point in time. Source: Wall Street Journal The European Central Bank’s announcement that it will start buying corporate bonds continued to boost credit…

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