The Reckoning Investment and macroeconomic commentary from Claire Milhench
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Investment and macroeconomic commentary from Claire MilhenchPARSED CONTENT
The site had the following in the homepage, "September 2, 2008 at 921 am Bonds." I noticed that the web site stated " Spreads may be widening in anticipation of the new issuance season starting this month, but the worsening macro data suggests bond managers can also expect to see an increase in defaults." They also stated " Some are rightly nervous of cyclical credits and high yield, with Moodys increasing its global high yield default rate to 2. 5 percent in July from 2. Hickmore adds Even if youve got a position in what used to be a triple A insurance-wrapped bond, such as Telerea."ANALYZE MORE BUSINESSES
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