Bond investors are losing their appetite for risk
Vauhkonen, Jukka (28.06.2005)
Numero
2
2005
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-201408074852Tiivistelmä
The narrowing of interest rate spreads between high- and low-risk bonds has been one of the clearest trends in the international bond markets in recent years. But interest rate spreads widened, at least temporarily, in the spring, triggered by the problems of American auto manufacturers Ford and General Motors.