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Trump, Jamie Dimon, OPEC, and Markets

Bloomberg Intelligence

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Credit Quality in a Recessionary Environment

There were different covenants for the Swiss AT-Wands than there are for others. And everyone was punished on price. So we think some of that punishment is warranted, but there's a lot of places within the banking sector which are still safe for bondholders. We're seeing just outsized demand for non-financial issuance.

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