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Spreads trace worryingly familiar arc as investors take good news as bad and bad new worse
1 year ago
Credit spreads are pushing ever closer towards the year’s peak levels, continuing Wednesday a sell off that began on Tuesday, with positive US economic data perversely sparking a bearish shift in financial assets that negative European data has since compounded -
Microsoft leads new issues tighter, despite surge in bond sales
10 years ago
Microsoft led a raft of European new issues tighter on Wednesday, as investors easily digested the second-biggest day of non-financial issuance this year.
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