Lender of America mentioned that the bottom quality CCC-rated company debt is displaying the widest divergence from safer B-rated bonds in twenty five several years.
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Shut icon Two crossed strains that type an 'X'. It implies a way to close an conversation, or dismiss a notification. Information Chevron icon It signifies an expandable portion or menu, or from time to time earlier / future navigation choices. currencies Bitcoin's slide underneath $fifty eight,000 could mark An even bigger correction to come, analyst states
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The lender said investors need to shore up their danger inside the bond market by "shifting up in credit rating quality" and favor worth shares about mega-cap tech names.
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