Credit Markets Are Bracing for Something Bad
Attendees wear masks to promote the MTV Networks Co. television series “Scream” for during the Comic-Con International convention in San Diego, California, U.S. (Photographer: Patrick T. Fallon/Bloomberg)

Credit Markets Are Bracing for Something Bad

(Bloomberg Opinion) -- More so than any other market, credit is all about confidence. Yes, fundamentals such as revenue, cash flow and leverage matter, but as was seen with Lehman Brothers Holdings...
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