Trillion dollar confusion

In the same week that corporate bond issuance reached record levels, the number of corporate bond defaults also hit historic highs. Are we set for a credit market correction?

insto.com.au

‘Corporate bond issuance hits new record’ ran the headlines on Wednesday. On Thursday however we were reading ‘Corporate bond defaults hit record.’ If you’re confused by news emanating from credit markets, don’t worry because you’re not alone.

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