US Wrap: No end to runaway reverse convertible issuance

The booming start to 2010 in the US continues, with Barclays introducing what will end up being more than 80 more reverse convertibles.

All bets are on for equity market recovery, or at least consistency, this year, with the latest flood of issuance encompassing stocks from a myriad of sectors, including consumer stocks, oil, financials, technology and metals.

The notes contribute to an incredibly robust start for 2010, which could see issuance returning to its pre-crisis levels. However, while

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