As Everyone Now Sees “Bubbles In Credit”, Debt Investors Quietly Exit Stage Left
by Tyler Durden
ZeroHedge.com
Aug 14, 2016
Even as they buy, credit investors know the good times won’t last. In fact, in a paradoxical twist, as BofA reports in its August’s survey of IG and HY market participants, as the ECB and BOE intervene and now directly manipulate the credit market, investors have been inclined to pare down risk.
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