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Finance & Markets

Aging Boomers Are Key Factor Supporting Corporate Bond Market

Ordinary Americans seeking to lock in relatively high income have been surprisingly heavy buyers of US corporate bonds this year, emerging as an important source of demand for the securities even as yields have soared in recent months.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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Chime and Affirm Show the Trade-Offs Behind Credit Growth

FinTechs are expanding their lending businesses from two places customers already visit: the app where their paychecks land and the card they bring to the store. Two examples have jumped out recently. Chime is testing a credit line for customers who deposit at least $3,000 a month to qualify for Prime.

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