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Higher Coupon Payments Keeping Demand for Credit High, BofA Says

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Corporate bond investors are finding that their interest income is jumping after rates have been rising since 2022, and as they reinvest that money in the investment-grade credit market, valuations can stay relatively high, according to strategists at Bank of America Corp.

Higher Coupon Payments Keeping Demand for Credit High, BofA SaysMarkets today: U.S.

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