Credit Bubble Seen in Davos as Cohn Warns of Repricing

Goldman Sachs Group Inc. (GS) President Gary Cohn warned of a potential drop in fixed-income prices as bankers and policy makers in Davos celebrated surging demand for financial assets. Debt markets that have seen junk-bond yields drop to record lows may face a “substantial repricing” if interes…

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Credit Bubble Seen in Davos as Cohn Warns of Repricing