May
08

Cord-Cutting Pain Spreads to High-Yield Bond Market

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The consumer stampede to streaming media from traditional broadcasters is claiming an unexpected victim: high-yield bond investors.

Telecommunications, cable and satellite companies have borrowed hundreds of billions of dollars in junk debt to build networks that would allow them to dominate their markets for decades to come…

Cord-Cutting Pain Spreads to High-Yield Bond Market

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Categories : Finance

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