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September 01, 2020 1:33pm
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Negative yields globally are back to record levels and Wall Street says that’s good for U.S. corporate credit

The global pile of negative-yielding debt is back to nearly $17 trillion after briefly shrinking during pandemic turmoil. That means U.S. investment-grade corporate bonds likely will be the ‘only game in town’ next year for fixed-income investors looking for yield, according to J.P. Morgan analysts.
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