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Reverse Yankee Bonds Set Record Pace

Falling euro yields and the ECB's deep pockets offer U.S. issuers an escape hatch.

By Sid Verma and Charles Daly, Bloomberg | Updated on September 08, 2017

You’re the treasurer of a U.S. company and you have $1 billion of junk bonds to sell. But buyers are getting a bit sniffy. What do you do?

Go to Europe, of course. There you can fund at almost the same rate as the U.S. government. Demand will be such that you may even have to turn buyers away.

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