Germany is hitting negative sovereign yields, while Spanish regions and banks seek financial assistance from their parent country, which needs a bailout of its own.
We don't know what the end game in Europe is yet, but these firms should be able to withstand the flood, says Morningstar's Paul Larson and Dave Sekera.
Morningstar bond strategist Dave Sekera on the recent flood of new issuance, European debt crisis contagion, and the U.S. corporate bond market's health.
Fundamentals remain strong across the board, but high-quality corporate credits are likely to outperform in a volatile environment, says Morningstar's Dave Sekera.
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