14/3/2025, 7:43:03 pm

‘Dash for Trash’ Is Hottest Trade in Squeezed Junk Bond Market

Atos SE’s bonds, despite being low-rated junk, have outperformed in Europe’s high-yield market this year, rallying strongly after the company’s restructuring. Investors are seeking high-coupon debt amid tight spreads and limited new issuance, driving demand for bonds from troubled firms like Altice France and Standard Profil. This "dash for trash" reflects a scarcity of opportunities.