Corporate bonds in the automobile and telecommunication industries have been performing positiv...
Corporate bonds in the automobile and telecommunication industries have been performing positively both in the US and Europe. These sectors have been restructuring and investors have been buying debt issues in these types of companies. Andy Evans, head of credit research at Insight Investment, says: 'If you look at what is happening throughout the course of the year, companies have been repairing their balance sheets. 'The bond experiences of the last 18 months such as Enron and Worldcom have had a significant impact on confidence in corporates and risk assets in the environment. ...
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