Rally in bond market raises hopes, questions

The market for corporate bonds has been rallying alongside the stock market, a situation some see as positive and others said might be creating the next big bubble. Last year, businesses had to offer returns of as much as 20% to lure investors to buy corporate bonds, but because investors have rushed back to the bond market, they are paying higher prices.

View Full Article in:

New York Times (tiered subscription model), The

Published in Brief: