Corporate-bond issuance falls as investors question EU plan

05/12/2010 | Bloomberg

Investors are concerned that the EU's aid package for Greece will not be enough to generate confidence in the region's government finances. That concern contributed to a plunge in corporate-debt issuance worldwide. "This is a fix and not a resolution," said Jason Brady, a managing director at Thornburg Investment Management. "Investors have seen volatility, and that makes it harder to get excited about longer-dated assets paying a fixed return."

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