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The credit crunch cometh: Cantor Global calls out credit market froth in junk bonds

Companies sold $13 billion in junk bonds this week, according to Bloomberg. Risk premiums for junk bonds over Treasuries have dropped by 1.5 percentage points in 2019. And at the same time when investors are getting paid less to take on risk, the amount of risk among junk bond offerings is rising. "We're starting to […]

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