Fund outflows bring levfin to standstill

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Fund outflows bring levfin to standstill

Euro Book
The concept is the European currency in the red book, the symbol of the euro. The idea: to save, save money. | Gerasimov_foto_174/gerasimov174 - stock.adobe.com

Investors in European leveraged debt seem to be giving up for the year. Funds and financial vehicles that buy high yield bonds and leveraged loans have seen large volumes of cash outflows, leaving borrowers with no other option but to step back this week.

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