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M&G Investments

2022 Top 500 ranking: 70

Covid-19 update: European high yield market moves

Covid-19 update - European high yield market moves

An influx of ‘fallen angels’, which are issuers downgraded to junk bond status by the credit ratings agencies, has impacted European credit markets as a result of the economic fallout from the coronavirus. The movement of these names into European high yield (HY) credit indices has somewhat compensated for ...

M&G Investments 

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