High-Yield Spreads Will Narrow Further

Sheahan, Matthew
February 2010
Investment Dealers' Digest;2/5/2010, Vol. 76 Issue 5, p21
Trade Publication
The article presents anticipation on the narrowing of junk debt spreads in the U.S. in 2010. According to Standard & Poor's Corp. (S&P) analyst, the constraining of spreads reflects an optimistic view in the credit markets, especially the anticipation for downgrades to decline gfrom near-record highs. The analysts anticipate that credit spreads will tighten further as the disconnecting of systemic to idiosyncratic remains to normalize credit pricing.


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