Bond Market Tears In Two: Distressed Debt Is Cratering, As Fed Buying Of Investment Grade Sends LQD NAV Soaring
Mar 25th 2020 3:05pm EDT
Bond Market Tears In Two: Distressed Debt Is Cratering, As Fed Buying Of Investment Grade Sends LQD NAV Soaring Just last Friday we reported that the number of distressed debt in the US – roughly defined as bonds with a spread of over 10% – had soared, doubling in just two weeks to a remarkable […]
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