The document discusses the state of global financial markets as they return from the holiday season, focusing on issues such as China's economic growth, the Federal Reserve's anticipated policy meeting, and the impact of central bank liquidity on credit markets. It includes analysis of European credit markets, particularly high yield (HY) and investment grade (IG) returns, and predicts continued central bank liquidity due to the fragility of the global financial system.
documents/vol00010-efta01458269-pdf.pdf
{"title":"Corporate Credit: Back to school - The edge of normality","document_date":"2015-09-01","document_type":"financial","key_organizations":["Deutsche Bank","Federal Reserve","St. Louis Fed","Bloomberg Finance LLP"]}