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n Personal Finance Newsletter - If junk bonds crash, will Old Mutual follow? : markets

Volume 2009, Issue 345
  • ISSN :
USD

 

Abstract

Corporate bonds make up over 65% of Old Mutual's US Life portfolio. Bloomberg recently ran a story exploring predictions that American corporate "junk" bond prices may be on the precipice of a crash. The Financial Times says that "Corporate bond defaults hit record". Is "The Green Giant" teetering on the brink?

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/content/monpf/2009/345/EJC77707
2009-10-01
2016-12-10

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