High-yield corporate bonds are trading with higher spreads than their U.S. peers.
By Cecile Gutscher|September 06, 2018 at 03:08 PM
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Europe’s high-yield bond market has gotten tantalizingly cheap, according to big-gun debt funds. Money managers at JPMorgan Asset Management and PGIM Inc., who oversee about $70 billion collectively, say it’s time to buy.