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Corporate BondsHigh grade and crossover bonds

Triple-B corporate borrowers feel the ECB squeeze as investors turn away

Adobestock_Euro Squeeze_575x375_Jan21

The extraordinary amount of cash sloshing around Europe’s corporate bond market has put acute pressure on triple-B rated corporates looking to raise debt, with market participants hoping a summer break will act as a release valve on super-tight spreads. Mike Turner reports.

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