The financial impact of the Wuhan coronavirus on corporate America’s balance sheets has tripled the premium investors are demanding to hold even the highest-rated corporate bonds. According to the ICE/BofA investment grade index, the difference between the average yield of… Read More ›
ICE
Investors trumped from lack of windfall gains from new contracts for private prisons
While investors had hoped that Trump’s tough talk on illegal immigrants will result in CoreCivic Inc and Geo Group Inc winning government contracts for building prisons, but with fewer illegal immigrants taking the risk to cross over from Mexico to… Read More ›