✉news BusinessBanking first seen 9 h ago, last 51 min ago, peak #5
The bond market has outgrown the banks
Fortune reports that the global bond market has grown larger than the banking sector, marking a shift in how companies and governments raise money. More borrowing is now done by selling bonds to investors rather than taking loans from banks, a trend reshaping the financial system.
Why now: The shift of credit from banks to bond markets has major implications for finance, regulation and the economy.
Evidence
- The bond market has outgrown the banks · Fortune
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