Decade of Easy Cash Turns Bond Market Upside Down

Last fall, a hydroelectric dam in Tajikistan, the government of Portugal and a cruise-ship operator all issued debt at unusually low interest rates. The seemingly unconnected deals are part of a proliferation of aggressive bond sales influenced by a decade of loose monetary policy and a demographic shift in global investing. " Decade of Easy Cash Turns Bond Market Upside Down" via FOX BIZ http://ift.tt/2Fuiwtk