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Investors cautious on credit – BNP survey

BNP Paribas’s first fixed-income survey of 2004 shows that bond investors are more cautious on credit and less bearish on government bonds than they were in December. The report states there has been a tendency to move back towards a more neutral stance as the threat of imminent rate hikes has receded.

The results for euro corporate credit suggest that investors retain their appetite for credit

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