The future of the corporate bond market is the subject of debate, with some believing current streng...
The future of the corporate bond market is the subject of debate, with some believing current strength will continue and others claiming a downturn is just around the corner. Reasons cited for optimism about the US credit market are the better standards of corporate governance that have developed over the past few years, combined with a strong institutional demand for the asset class from the big pension funds. The doom-mongers point to weak fundamentals, stating that the technical drivers of the market will only support it in the short term. However, there is at least consensus that spre...
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