Central banks, corporate bonds and the growing growth dilemma

The ECB pulled out the big guns last week, including an extension to its quantative easing programme to encompass corporate bonds. The impact on the investment grade market has been immediate and dramatic, increasing fund flows, lowering spreads and creating record demand.  But even amidst this renewed passion for Eurobonds, one issue got left behind … More Central banks, corporate bonds and the growing growth dilemma