Category: Finance and Accounting

There Have Never Been So Many Bonds That Are Almost Junk – The Wall Street journal

There Have Never Been So Many Bonds That Are Almost Junk – The Wall Street journal

There Have Never Been So Many Bonds That Are Almost Junk What is left unsaid in this article is that we still view risk through the prism of the rating agencies. Suppose a large % of the bonds clustering at near junk levels are really not investment grade? Is there rating agency inertia to downgrade …

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