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industrial bond |
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Across the pool of industrial bonds, the par value share of issues rated speculative grade is substantially higher at 31%. Excluding the financials, rating activity across investment grade industrial bonds remained net negative; with downgrades ($16. When examining the market's rating mix across the pool of industrial bonds, the share of bonds rated speculative grade totaled 32% of market volume at the end of the third quarter, a level above its pre-recession level of 26%. |
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