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2021-05-03

The additional premium investors are paid for buying the debt of the worst-rated companies in the US

has fallen to its lowest level in seven years, 

raising warnings that the brightening outlook for the American economy is leading to excessive risk taking.

FT 3 May 2021

https://www.ft.com/content/e35c8c4f-b931-4988-849a-e7ad88c21bf5

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