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Fears rise over headlong hunt for yield

Valuations in some high-yield bond markets look stretched, prompting panelists at an AsianInvestor forum to urge investors to review quality of bond issues as spreads head towards 2006-07 levels.
Fears rise over headlong hunt for yield

Institutional investors are being urged to review the quality of bond issues across the credit spectrum amid fears that the search for yield in this low-rate environment is leading to indiscriminate buying.

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