Credit Brief: Cruelest Month for Junk?; Disco Bonds Soar

Read the weekly Credit Brief here.

• The coming earnings season could have the biggest impact on US junk bond prices of any results period in years;
• After a decade of gorging on cheap money, indebted companies are looking at selling off chunks of their businesses to pay down debt;
• Why deeply-discounted securities issued decades ago by European banks jumped this week.

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To contact the reporters on this story:
Dan Wilchins in New York at dwilchins@bloomberg.net;
Caleb Mutua in New York at dmutua@bloomberg.net ...