Are we nearly there yet?

As those of us returning from summer holidays with children know, the early stages of a long journey stretch out mercilessly. Familiar landmarks are reached with maddening slowness as the chorus of "are we nearly there yet?" grows in ferocity.

Such, it seems, may also be the case with the long-anticipated back-up in credit spreads. Over the past year there has been a relatively low risk premium on offer to long-term investors across the capital markets, particularly those investing in credit.

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: