A different class of junk

Nov 01, 2000
<p>Europe is slowly latching onto the idea of high-yield bonds</p>
Europeans still shy away from junk bonds. The links with the 1980s excesses of Michael Milken and Drexel Burnham Lambert are still just a little too much to bear. Junk is garbage. Junk is rubbish. Junk is, well, junk – and few in Europe's conservative corporate

Content Preview

to continue reading

Sign up to get stories direct to your inbox
logo-black logo-black
Loading