The credit-upgrade trade can be used if an investor anticipates that a certain debt issue will be upgraded. When an upgrade occurs on a bond issuer, the price of the bond increases and the yield ...
There is concern over how much longer governments can continue to finance the mountain of debt they have accumulated, which the IMF estimates to be $100 trillion globally.
President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep ...