Sentences with phrase «pressure on the corporate bond»
Pressure on the corporate bond market from CDS - related selling did not abate until mid-November of 2002.
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Rather, the increase in spreads appears to reflect both tightness in the Commonwealth Government bond market (where supply remains limited and demand by foreign investors appears to have increased) and upward pressure on swap rates (one benchmark against which corporate bonds are priced) as companies have sought to lock in fixed - rate borrowings due to expected increases in interest rates.