European investment-grade corporate bond yields hit record lows, as "global liquidity grabs what...

|By:, SA News Editor

European investment-grade corporate bond yields hit record lows, as "global liquidity grabs what it can." Demand for corporate bonds has been strong for much of the financial crisis in Europe, but yields also have been falling due to limited sales of new bonds YTD and expectations the Bank of Japan's easing measures will send Japanese funds facing falling yields on their home bonds looking to invest elsewhere.