12/9/2009

Corporate borrowing may suffer if the stock market dips, Matthew Craft writes, explaining that depleted investor confidence could send bond yields soaring and make borrowing very pricey. "So long as interest rates stay low and the U.S. Treasury is able to get favorable long-term rates at auctions, corporate bonds would be the asset of choice for investors chasing yield," Craft writes.

Full Story:
Forbes

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