Convertible investors feel the pain after tech sell-off

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Convertible investors feel the pain after tech sell-off

Aidan Gregory
May 13, 2021 04:15 PM
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2FJTRPW New York, United States. 26th Apr, 2021. A sign for Wall Street hangs outside near the New York Stock Exchange before the opening bell at the NYSE on Wall Street in New York City on Monday, April 26, 2021. Photo by John Angelillo/UPI Credit: UPI/Alamy Live News | Alamy Stock Photo

A rotation out of technology stocks and concerns about market capacity have taken some of the steam out of a booming convertible bond market.

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