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New Hitches In Markets May Widen Credit Woes.

Authors :
Rappaport, Liz
Mollenkamp, Carrick
Richardson, Karen
Koons, Cynthia
Source :
Wall Street Journal - Eastern Edition. 2/11/2008, Vol. 251 Issue 34, pA1-A16. 2p.
Publication Year :
2008

Abstract

The article discusses the prospect of continuing challenges to global credit markets. A decline in the value of low-rated corporate bonds may prompt banks to sell them for whatever price they can obtain. Additionally, investors are showing little appetite for purchasing securities backed by student loans and municipal bonds.

Details

Language :
English
ISSN :
00999660
Volume :
251
Issue :
34
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
29331975