On the recordSeptember 12, 2011
Thirteen trillion dollars that is invested in bonds, including junk bonds--which is what they are buying now because they do not have other investments--is taking credit risk
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congress.govRichard Shelby: “Thirteen trillion dollars that is invested in bonds, including junk bonds--which is what they are buying now because…”
Editor's note · Context
Shelby highlights the significant credit risk taken by institutional investors.
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