FIG market calm after Fed panic burns fast money
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FIG

FIG market calm after Fed panic burns fast money

What was all the fuss about? FIG investors breathed a sigh of relief on Thursday as central bankers queued up to calm what many saw as an over-reaction to a potential US withdrawal from quantitative easing. Senior and sub debt recovered towards the end of the week, soothing investors — although the long term outlook for spreads still worried some.

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