Fickle market not immune from macro woes
Corporate bonds have rarely been so high up investors’ wish lists. Credit concerns are nowhere to be seen and scarce issuance has added to their lustre. So why does the market catch a cold whenever George Papandreou sneezes? Jon Hay reports.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts