Big hangover taints a great party

January 12, 2008 12:00 am

It will not be easy to forget 2007 in the US high grade bond sector. The turmoil in the world’s financial markets during the previous six months means that last year is destined to be spoken of in the same hushed tones with which 1998, 1987 and even 1929 are recalled. Simon Boughey reports.

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