We document capital misallocation in the U.S. investment-grade (IG) corporate bond market, driven by quantitative … easing (QE). Prospective fallen angels - risky firms just above the IG rating cutoff-enjoyed subsidized bond financing since …

markets on the liquidity of their bond markets. This study analyses the liquidity of bonds in various emerging bond markets … using a sample of nine countries: Argentina, Mexico, Peru, Hungary, Poland, Spain, Turkey, Hong Kong and Greece. The sample … the sovereign debt crisis. This study notes that the bond liquidity is affected due to the sign of the rating granted by …