By Dena Aubin NEW YORK, March 29 (Reuters) - General Motors Corp.'s headline-grabbing troubles may have created buying opportunities for high-yield credit investors after two weeks of selling hurt risky credits overall. High-yield credit spreads have widened on worries that the market will be overwhelmed by $44 billion in new supply if GM's massive debt gets downgraded to junk status, especially at a time when inflation fears are resurfacing. Such fears may be exaggerated, though, some ...
Premium Content (PAID Subscription Required)
"US CREDIT-GM fallout creates high-yield bargains" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.