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Record debt issuance exposes bond market’s information gap
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Record debt issuance exposes bond market’s information gap
Sovereign bond issuance across the OECD’s member countries is predicted to have reach a record 17 trillion dollars at the end of last year, a scale of borrowing that would have seemed mind-boggling only a few years ago. On the corporate debt side, the total yield on US investment grade bonds, combining the underlying government yield
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