Postcard From No 528

Corporate bond market stalked by inflation

  • Published 29 Oct 2009

With uncertainties over the return of inflation later this year and in 2010, long-term corporate bonds may become an increasingly tough sell.

Above there was heaven, below there was the Chinese corporate bond market. Or so it seemed until a few weeks ago. Now, inflation expectations are besmirching the outlook for this borrowers' paradise.

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