Bond market rally raises hopes, questions

The market for corporate bonds has been rallying alongside the stock market, a situation some see as positive and others say may be creating the next bubble. Last year, businesses had to offer returns of as much as 20% to lure investors to buy corporate bonds. Now that investors have rushed back into bonds, they are paying higher prices.

View Full Article in:

New York Times (tiered subscription model), The

Published in Brief: