DoubleLine’s Cohen Dials Back Corporate-Debt Buying Fearing Stocks Correction
DoubleLine Capital LP is reining in its corporate-debt buying, fearing that an already frothy market is growing more perilous as richly valued companies prepare for record borrowing to fund the...
By Caleb Mutua · Bloomberg
DoubleLine Capital LP is reining in its corporate-debt buying, fearing that an already frothy market is growing more perilous as richly valued companies prepare for record borrowing to fund the artificial intelligence boom and acquisitions.