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Here’s Why Investors Now Love Emerging-Market Junk Bonds
Investors are stampeding to lend to the world’s riskiest companies and countries. Quartz spotted this trend back in October, and it has just got stronger since. Usually a conservative bunch, bond fund managers now cannot get enough of...
- Posted 134 days ago
Not Even Bernanke Knows What’ll Happen When The Fed Sell Trillions Of Dollars Worth Of Bonds
Ben Speaks House Oversight Committee Chairman Darrell Issa (R-Calif.) wrote a letter to Ben Bernanke and Ben wrote back. The WSJ’s Jon Hilsenrath covered the story (Link). Not surprisingly, Hilsenrath spins the exchange of letters as a...
- Posted 270 days ago
FELDSTEIN: ECB Buying Of Spanish And Italian Bonds ‘Unnecessary and Dangerous’
Last weeks comments by Mario Draghi in which he claimed that he would do ‘whatever it takes’ to save the Euro has markets expecting action. One possible form of that action is an expanded purchase program of...
- Posted 296 days ago