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Buttonwood a lot to Swallow
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 393 no. 8651 (Oct. 2009)
,
page 81.
Topik:
bond
;
speculative
;
recession
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.57
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
At the start of 2009 bond investors sniffed an opportunity. The world was in recession and many companies were going to struggle to pay back their debts. But spreads (the excess interest rate paid by risky borrowers) on corporate bonds were so high that they seemed to discount catastrophe. Speculative-grade debt was paying more than 16 percentage points over Treasury Bonds.
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