Hunt for yield puts borrowers in the driver's seat.

Hunt for yield puts borrowers in the driver's seat.

Investors' hunt for yield means demand eclipses supply in the leveraged loan market; some borrowers are taking advantage by changing agreement terms.

Investors' hunt for yield means demand eclipses supply in the leveraged loan market; some borrowers are taking advantage by changing agreement terms.

State-owned German rail operator becomes first non-financial company to sell euro bonds with negative yield.

State-owned German rail operator becomes first non-financial company to sell euro bonds with negative yield.

Proportion of euro-denominated corporate bonds issued by U.S. companies has skyrocketed as borrowing costs in Europe are more than 2 percent lower than in the U.S.

Market for euro-denominated bonds has gained depth and maturity as corporate borrowers from around the world have taken advantage of low rates.