No strings attached

louise purtle


There were several aspects of 2004 that bond investors would be happy not to see repeated in 2005. The low level of volatility and the generally moribund spread action were two of them. These are not factors that we had to complain about in the auto sector however. Here the story was deteriorating fundamentals, ratings risk and highly volatile spreads. We may be in a new year, but so far in 2005 the auto sector is singing the same old tune.

The problems of Ford and GM’s loss of market share and

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 or view our subscription options here:

You are currently unable to copy this content. Please contact 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 View our subscription options

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


Want to know what’s included in our free membership? Click here

This address will be used to create your account

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 individual account here