Skeptics say the ravenous demand for corporate bonds has pushed yields down too far to...
Tuesday, August 14, 2012, 6:35 PM ETSkeptics say the ravenous demand for corporate bonds has pushed yields down too far to compensate investors for their risk. U.S. corporate bonds are a flight-to-quality asset, for now. But when interest rates eventually rise, prices of recently issued bonds will fall, they warn: "The guy buying a [new] bond today is a guy buying a certain loss," says an investment banker.
Latest Macro Articles