• 11/10/2024

Pro Take: Rate Hikes Fuel Bondholders’ Canadian Pacific Trade

Wall Street Journal

Some of the railroad company’s bonds lost value when interest rates rose, tempting distressed-debt investors to seek profit through a full payout.

https://www.wsj.com/articles/pro-take-rate-hikes-fuel-bondholders-canadian-pacific-trade-c8efdbb5