Precarious pile: Between 2007 and 2019 the EM corporate bond stock almost quintupled from $500bn to $2.3trn.… https://t.co/tjZ2SRYBux
By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys
By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys via daily shot newsletter from