Overview
Global credit markets are currently operating at their most active state in two decades. This trend has prompted leading money managers, including Aberdeen Investments and Pimco, to caution against complacency regarding associated risks.
Market Details
A Bloomberg index, which tracks bonds across various currencies and ratings, shows that yield premiums on corporate debt have declined to just over one percentage point. This represents the lowest level since June 2007. The current market conditions are occurring amid general confidence regarding the economic outlook.