{"id":7393,"date":"2019-03-14T01:16:29","date_gmt":"2019-03-13T16:16:29","guid":{"rendered":"http:\/\/www.irken.jp\/gn\/?p=7393"},"modified":"2019-03-13T17:19:24","modified_gmt":"2019-03-13T08:19:24","slug":"investment-week-march-12","status":"publish","type":"post","link":"http:\/\/www.irken.jp\/gn\/?p=7393","title":{"rendered":"Investment Week (March 12)"},"content":{"rendered":"<p>\u201cBBB corporate bonds, the lowest investment grade rating band in which a company&#8217;s debt rating can reside, have now grown to make up more than half of the entire global investment grade (IG) market.\u201d When the next downturn strikes,\u201dthere could be a cascade of \u2018fallen angels\u2019, companies that are downgraded from IG to high yield (HY), swamping the smaller HY market and causing problems for investors as liquidity dries up and imperfect market clearing mechanisms struggle to cope.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cBBB corporate bonds, the lowest investment grade rating band in which a company&#8217;s debt rating can reside, have now grown to make up more than half of the entire global investment grade (IG) market.\u201d When the next downturn strikes,\u201dthere could be a cascade of \u2018fallen angels\u2019, companies that are downgraded from IG to high yield [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[8931,809,270,776,2338,8928,8929,8930,1317,8932,109],"class_list":["post-7393","post","type-post","status-publish","format-standard","hentry","category-global-news","tag-bbb","tag-bonds","tag-debt","tag-downgrade","tag-downturn","tag-fallen-angels","tag-high-yield","tag-investment-grade","tag-liquidity","tag-market-clearing","tag-strikes"],"_links":{"self":[{"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/7393","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7393"}],"version-history":[{"count":1,"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/7393\/revisions"}],"predecessor-version":[{"id":7397,"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/7393\/revisions\/7397"}],"wp:attachment":[{"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7393"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}