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The growing capital intensity of the US corporate bond market
Members of our fixed income team explain how AI-driven capital expenditures are reshaping the US corporate bond market and creating potentially attractive opportunities, though selectivity is critical.
Corporate versus credit indices: What’s the best match for liability-driven investing?
When selecting benchmarks for LDI needs, corporate DB plan sponsors often ask about the differences between investment-grade corporate and credit indices. In this paper, we compare the composition and performance of corporate and credit indices, as well as intermediate and long maturity indices, and we offer insights on choosing indices that fit a plan’s liability.
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