The current credit cycle is set to endure |
Michael Buchanan | Western Asset Management | 22 August 2019 | 0.50 CE |
The curious combination of slow global growth, low inflation and positive credit metrics has resulted in ongoing central bank accommodation, lower interest rates and healthy market technicals. When combined with secular trends in regulation and conservative balance sheet oversight by corporations, the current credit cycle is likely to have longevity far beyond that of p... |
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