Interest in corporate bonds is irmly on the rise and new issuances have reached record levels in the first months of 2009. While not a direct replacement for cash, in the current economic environment bonds are looking a favourable alternative to simply leaving all of your cash on deposit. Despite daily news headlines of "default" and "bankruptcy", investors are not being deterred. It seems that an appetite for risk is making a comeback and with equities still a little too risky for many, corporate bonds appear to be the investment du jour. With the prospect of continued volatility and low interest rates in the foreseeable future, investors are considering alternatives to simply leaving all of their cash on deposit.
Fairbairn Private Bank
Summer 2009 Issue
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