Top-rated issuers: yielding results in a world of negative returns

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Top-rated issuers: yielding results in a world of negative returns

Germany’s status as the safest of eurozone safe havens has provided its top rated issuers with an enviable position in the capital markets. But with quantitative easing pushing yields firmly into negative territory, Germany’s public sector borrowers are having to adapt to new, at times treacherous conditions. Craig McGlashan reports.

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