We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Taper terror

3 September 2013 By Neil Unmack

The end of ultra-loose monetary policy means higher corporate funding costs. Bond-market theory says the pain should be offset by lower credit spreads, as earnings improve. But it’s not working out like that. Higher rates and volatile spreads will cause some upset in credit.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)