Tax Re­forms Threaten US Bond Mar­ket

The Economic Times - - Finance & Commodities -

US cor­po­rate tax re­form pro­pos­als are caus­ing con­ster­na­tion among bond mar­ket play­ers, who fear their im­ple­men­ta­tion will re­duce is­suance. The big­gest pain to cor­po­rates and the bond bankers who serve them would come from not be­ing able to deduct debt in­ter­est ex­penses.

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