This chart shows US corporate debt that is nominally investment-grade but effectively trading as HY. A wave of pain… https://t.co/8gLtZ2xXP9
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