So far debt crises of 2020 have been small (excepting Argentina), but “some observers think Brazil & South Africa, which are both in the G20 group of large nations, could face severe challenges in obtaining finance in coming 12-24 months.” @Jonthn_Wheatley
ft.com/content/f665b6… https://t.co/sKjaR559YU
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