Risky Bond Sales Sweep Europe at Fastest Pace Since Iran War

Financial borrowers rushed to sell riskier bonds in Europe at the fastest pace since before the war in the Middle East began, signaling buoyant credit market sentiment on potential talks to end the conflict.

The likes of Goldman Sachs Group Inc. and Swiss Re AG sold junior-ranked debt, taking weekly volumes to the highest since mid-February, based on data compiled by Bloomberg. Overall, Wednesday’s action featured the biggest number of issuers and tranches in the region’s primary market since January.