Highlights of Recent Trends in Financial Markets
Oecd
Financial Market Trends, 2005, vol. 2005, issue 1, 7-65
Abstract:
Over the past few months, major equity markets generally have continued their upward trend, while interest rates at the long end of the maturity spectrum have declined. Meanwhile, credit spreads for both investment grade and sub-investment grade borrowers continue to be compressed and volatility appears to have diminished in most market segments.
Date: 2005
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