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Daily Archives: 17th January 2021

17th January 2021

🗞️ Credit’s in a funny little place

Immune to volatility‚Ķ The Japanification of the European corporate bond market is reaching its denouement. As it commoditises, investor acceptance (or, rather, frustration) is peaking at the lack of liquidity in secondary. There is a lack of excitement in not being able to transact worthwhile (or enough) relative value trades. Almost like zombies, we follow […]
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