Credit Research poll results: Moving down the credit curve
Have you heard the one about the million-dollar credit analyst? Apocryphal tales linking those in the once lowly field of credit research with heavyweight salaries were flying about the market in 1998. European economic and monetary union is the catalyst for the buying of credit by many investors previously used to interest-rate and foreign-exchange risk. As European investors warm to credit, and particularly venture into the dimly lit nether world of high-yield debt, credit researchers are in demand more than ever to sort the winning deals from those likely to default.
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