high yield markets

The City of London

High Yield: QE heats up City of London

LONDON | March 18, 2015 | By Víctor JiménezThe effects of QE have already begun to reverberate through the arteries of Europe’s financial heart in the City of London. Indeed, there is a tsunami of money flooding the market, corporate bonds sub-investment market. That below triple B ratings market is the ‘acid test’: the ECB’s bet has been dragging down the price of investors and asset managers’ portfolios, who are desperate to find substantial interest rates and return to positive territory.