17.01.2013 01:17:00
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Moody's: European corporate high-yield market's credit fundamentals continue to decouple from trading technicals
London, 17 January 2013 -- Although 2012 was a record year for European high-yield bond returns and issuance among non-financial corporates, the exuberance in investor demand is becoming increasingly decoupled from the realities of European economic and credit fundamentals, says Moody's in the January edition of its "High Yield Interest -- European Edition" publication.