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

The cut that guts

18 December 2008 By Robert Cyran

The Fed s move to nearzero interest rates will make it hard for money funds to earn enough to cover expenses. And investors may switch to higheryielding alternatives such as bank deposits. Japan s experience suggests this could cause problems for corporate borrowers.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)