Junk Bond Market Reopens With 6x Oversubscribed Offering From YUM! Brands

Mar 30th 2020 3:20pm EDT

Junk Bond Market Reopens With 6x Oversubscribed Offering From YUM! Brands For nearly a month, the high yield market was understandably frozen without a single junk bond deal pricing as yields exploded higher, forcing the Fed to step in with an unprecedented intervention to prop up investment grade debt, going so far as to buy […]

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