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Flood of junk bond issues worries investors

Emerging market supplies set to hit a record as corporates from China and Asian countries tap low interest rates

Published Sun, Oct 5, 2014 · 09:50 PM

London

GLOBAL investors are beginning to become wary of low yielding emerging and European lower grade corporate "junk" bonds following a flood of new supplies on the market.

The result has been a decline in prices and a rise in average yields since the market peaked in the second quarter of this year, traders and analysts say.

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