Aug
14
Bank of England Draws a Record Crowd to U.K. Corporate Bonds
ByInvestors are flocking to sterling-denominated corporate debt.
Mark Carney has captured bond investors’ attention.
Investors just poured the most money ever into funds that buy investment-grade sterling-denominated bonds, as they wager a rally in the securities that was started by speculation of a Bank of England corporate bond-buying program — and sustained by its confirmation — still has room to run…
Bank of England Draws a Record Crowd to U.K. Corporate Bonds