, Columnist
This Brexit Delay Is a Bond Market Opportunity
With the EU divorce now months away, there’s plenty of time for the yield-hunters to swoop on U.K. corporate bonds.
Some breathing space in the divorce proceedings.
Photographer: Christophe Morin/BloombergThis article is for subscribers only.
Brexit hasn't gone away – it's just resting – but the six-month extension agreed with the European Union could turn out to be a capital markets opportunity.
The search for yield is the overriding theme for bond investors this year, and U.K. markets are no exception. From that perspective the window for new sterling-denominated corporate debt sales is open. The question is how much interest there is in taking advantage of it.