Euro junk bond yields below inflation for first time - NewsBreak
By Tarikul in Business
Updated 3 years ago
(Reuters) - Yields on euro area junk-rated bonds have fallen below the bloc's inflation rate for the first time, a further sign of the scarcity of assets offering investors any real returns. The 2.3% yield on the ICE BofA euro high-yield index is now more than 60 basis points below...