In the spirit of the season, M&G's Bond Vigilantes have put together five scary economic charts in time for Halloween.
The five charts below have been published on M&G's Bond Vigilantes blog, which can be found here. "You will be amazed. You will be enchanted. You will be mystified. You will be amused. Of course, the following is not for the faint of heart. You have been warned." 1. Companies are scared of risk There has been a glut of corporate bond issuance since the financial crisis, as companies have issued debt at low interest rates. What have companies done with all that cash that capital markets have leant them? Overwhelmingly, US companies have embarked upon equity buy backs and M&A activ...
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