Europe Will Probably Fall Into a Recession, Renowned Economist Mohamed El-Erian Says

Europe has a 70% chance of plunging into recession, according to renowned economist and bond market expert Mohamed El-Erian, with Britain, Italy and Germany “paralyzed” by domestic issues that have stalled the economies of the EU’s most powerful nations.
— Read on www.marketwatch.com/articles/europe-recession-mohamed-el-erian-51566314871

Sub-Zero Yields Start Taking Hold in Europe’s Junk-Bond Market – Bloomberg

Central bankers hinting at more monetary stimulus have depressed yields so much that even some European junk bonds trade at levels where investors have to pay for the privilege of holding them.
— Read on www.bloomberg.com/news/articles/2019-07-09/sub-zero-yields-start-taking-hold-in-europe-s-junk-bond-market