The dismay of a loan paid back: American bonds
Article Abstract:
Treasury bonds have rallied to close 6.78%, leading the bond market. All types of bonds, municipals, state, and even the new 'good' junk bonds are doing well, inspired by Bill Clinton's budget deficit cutting plan.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993
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About turn: leveraged buy-outs
Article Abstract:
About 70 reverse leveraged buyouts occurred in 1991, producing $6 billion in shares sold to investors. A study indicates that their long-term stockmarket performance depends on high debt and effective management.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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