Cash holdings grow

market graphics


At the turn of the century, many US companies showed a substantial increase in their willingness to take on large amounts of debt on their balance sheets. But much to the satisfaction of bond investors, companies have recently put an enormous dent in the amount of debt they hold on their balance sheets relative to cash.

The graph below, provided by Gregory Peters, chief US credit strategist at Morgan Stanley, illustrates just how dramatically companies have increased cash holdings on their ba

To continue reading...

You need to sign in to use this feature. If you don’t have a 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 indvidual account here: