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In the decade since the global financial crisis, the value of nonfinancial companies’ outstanding bonds has nearly tripled, owing not least to growth in corporate debt in emerging markets. But while a correction seems likely as defaults rise, the broad shift toward bond financing is actually a welcome development.

PS: TỒN KHO BĐS ĐANG CAO NHƯ NÚI MÀ XẢ THÊM “TỔNG KHO NỢ XẤU” NÀY NỮA THÌ HUHU…..