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Markets should not underestimate the risk that fringe parties could cause an upset in next year's German general election
Selective investors have been less than wowed by the secondary performance in some bank bonds
The decompression trade between high grade and high yield credit is far from guaranteed to pay off
Issuing senior bank bonds in December is unorthodox but could prove a winning strategy as investors still have plenty of cash sloshing around
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Programmatic French funders cannot afford to wait for stabilité
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As property companies have shown, the destination is more important than the journey
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Even the worst scenario of disorderly change would be a boon
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Sectors in peril while others restructure debt — welcome to the new normal
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There is no crock of equity gold at the end of the rainbow