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Corporate BondsHigh grade and crossover bonds

Corporate bond investors prepare to battle for paper as supply dwindles

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European high grade corporate bond investors are gearing up for an unseemly bunfight over paper in the new year, as a lack of supply combines with plunging spreads. Corporate acquisitions could be one saving grace for investors, and liability management another. But, as Michael Turner reports, even if M&A and LM come up trumps, it's still going to be a tough few months for investors.

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