UK’s Beaten-Down Assets Give Its Junk Loans an Unexpected Edge
Tax rises loom. Borrowing costs remain stubbornly high. And inflation is still way above target. But for investors in UK companies there’s at least one bright spot: sterling junk loans.
By Claire Ruckin, Abhinav Ramnarayan · Bloomberg Markets
Tax rises loom. Borrowing costs remain stubbornly high. And inflation is still way above target. But for investors in UK companies there’s at least one bright spot: sterling junk loans.