Investment grade liquidity survey

Secondary market liquidity

In the sterling investment-grade market, financials underperformed corporates over the final quarter of 2007. However, the widening in financials did enable trading activity to resume more quickly for financials than corporates; financials have been far busier than corporates, which analysts say are still clinging to levels where realistically there is little demand to buy assets.

"The aggressive widening seen in financials enabled the market to move on in terms of trading activity more quickly t

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