Pursuits
Corporate-Bond Sales Seen Stifled by Brexit For Weeks to Come
- Euro junk sales may not revive until September: Oddo Meriten
- Credit risk jumps after U.K. votes to leave European Union
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Europe’s corporate-bond market is bracing itself for an extended dry spell.
From Tokyo to New York, the U.K.’s decision to quit the European Union triggered the kind risk aversion that tends to send corporate borrowers onto the sidelines as investors demand bigger yield premiums.