Bonds Take A Hit

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Bonds Take A Hit

Serena Ng of the WSJ has reported that the corporate-debt market unwittingly became a victim of contagion from the subprime-mortgage turmoil in 2007, as prices of many bonds and loans plunged even while corporate defaults remained very low.

Investors are hoping for a reprieve this year, but they expect more volatility in the coming months.

 Read more.

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