US junk bonds rally most in 2 decades w/Fed now a buyer. Risk spread to Treasuries narrowed 86bps to 785bps, lowest… https://t.co/zJxeb4bVYe
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