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.

Issuance in Europe is within reach of a weekly record.

Issuance in Europe is within reach of a weekly record.

Fund redemption gates at Third Avenue Management and Stone Lion Capital Partners, and portfolio liquidation at Lucidus Capital Partners, indicate 'complete liquidity gap' in junk bond market.

Fund redemption gates at Third Avenue Management and Stone Lion Capital Partners, and portfolio liquidation at Lucidus Capital Partners, indicate 'complete liquidity gap' in junk bond market.

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.