Factory closings, corporate distressed debt, and small stocks

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From the Wall Street Journal: Corporate Debt, Distress and More Borrowing: March 16-20: the bond markets froze and investment-grade borrowers came to market, but concessions blew out and there were deep problems in the marketMarch 23: The Fed stepped in to backstop corporate investment-grade bondsApril 27-May 7: Bond sales (lending) are booming again in both […]

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