2004 A look back

year review


There were many reasons to be anxious about the credit markets in 2004. The year began with concerns that rising interest rates would recreate market conditions of 1994, when investors were caught wrong-footed by interest rates doubling within a year. The derivatives market also began the year in a state of uncertainty, with two competing indices wrangling over what at the time looked like an unlikely merger. But a merger did eventually happen—to universal acclaim—and as the year progressed, the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here