HY pauses after fund outflows, but market still open for biz

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By Victor Jimenez
20 Nov 2017

The euro high yield market woke up to a thin bond pipeline this week after suffering the largest weekly retail fund outflow since 2015. But this is not the end of trading for the year, said bankers and investors.

The European leveraged loan and high yield bond markets are becoming one debt space in Europe, as many investors can switch from one market to the other, following issuers’ moves. Or so market participants have been saying this year.

But a slight whiff of volatility returned the ...

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