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JUNK BONDS CAME UNDER MORE PRESSURE,  outpaced by investment-grade debt in net prices, for a second day.   Profit-taking,  political infighting  (in both Europe and the U.S.), and the occurrence of massive   pullbacks in shares of Hammerson PLC and Saga PLC, all factored into the mostly risk-averse European session.   More bumps along the road in Brexit  (British exit from EU) were also in the mix, as London traders faced the backdrop of an earlier sell-off in Asian markets, while the   oil-and-energy sector was roiled  by a pullback in global crude-oil prices.            

JUNK BONDS FLUCTUATED HIGHER  in overall price gains linked to trades, outpacing investment-grade debt on the European trading front. A  strong showing by Europe's carmakers  was a major element in today's market dynamic, as   Volkswagen AG  shares jumped 3.1%,   Fiat Chrysler NV  was up 1.6%, and   Renault SA added 1.3%, as of   3:30 PM, London time. Today's rebound in risk assets, on the heels of the worst run of sell-offs since October of '16, was fed also by upbeat data from heavyweight conglomerate   Bouygues SA,   3i Group PLC, and  British Land Co. PLC.   Nymex  oil prices stabilized around $55.30, supporting a   rebound in the oil-and-energy sector  as the view grew that U.S. shale producers will be more disciplined, going forward.