Jenga-type structure thrives in credit markets – Financial Times
Jenga-type structure thrives in credit markets – Financial Times
To an influential observer of the credit world, conditions in the corporate bond market are starting to look baffling. Matt Mish, who heads UBS’s credit strategy team, likens the current state of the market to a tower of Jenga blocks. Currently, purchases by central banks around the world are providing crucial support, which keeps borrowing […]
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