A precarious recovery
Although credit spreads have tightened since the start of the year, mirroring a sharp uplift in equities, investors should guard against seeing this as a sign that the green shoots of recovery have sprouted for the credit market. 
Latest issue highlights
Chrysler/GM restructuring
Bond investors ‘ripped off’
Bond investors ‘ripped off’
Holders of the automakers’ bonds have reacted angrily to the US government’s intervention in the restructuring processes of the two firms.
Sector focus: pharma
A shot in the arm
A shot in the arm
An in-depth report on why the pharmaceutical industry is proving so attractive to fixed income investors in 2009.
Cat bonds
Winds of change
Winds of change
Weaknesses in the structural make-up of catastrophe bonds, exposed by Lehman’s collapse, have prompted issuers to introduce a series of updates to the asset class.
Special Report
Credit default swaps
With regulators on both sides of the Atlantic threatening drastic changes to the CDS industry, whether by banning ‘naked swaps’ or forcing a central counterparty on the market, we look at what the future holds for the asset class.
Non-subscribers click here to download a free PDF of the special report.
Deals of the Month
Roundtable
Column: Robin Keck
