Credit Partying Like The 90s, But a Trillion Dollar Test Looms
Credit investors who shrugged off an historic bout of global volatility this week are about to face a major test after yield premiums on US investment-grade corporate debt shrunk to...
By Rainier Harris, Finbarr Flynn · Bloomberg Markets
Credit investors who shrugged off an historic bout of global volatility this week are about to face a major test after yield premiums on US investment-grade corporate debt shrunk to their lowest in about three decades.