(Reuters) - Repricing of low credit spreads, triggered by a fallout in
the high-risk U.S. subprime mortgages sector, is fanning concern
that firms could have difficulty financing the stream of M&A
deals which has fuelled world stocks to lifetime peaks in July.
Investors are also worried that trouble in subprimes, which
target borrowers with poor credit histories, will leave banks
with bad loans, hurt corporate earnings and undermine consumer
spending in the world's largest economy.
Read more at Reuters.com Economic News
the high-risk U.S. subprime mortgages sector, is fanning concern
that firms could have difficulty financing the stream of M&A
deals which has fuelled world stocks to lifetime peaks in July.
Investors are also worried that trouble in subprimes, which
target borrowers with poor credit histories, will leave banks
with bad loans, hurt corporate earnings and undermine consumer
spending in the world's largest economy.
Read more at Reuters.com Economic News
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