From 1 October 2021 through 9 November this year, an index following investment-grade corporate bond prices lost about 20 percent of its value, The Wall Street Journal reported.
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BUSINESS OFFICE BUST: MAJOR DEVELOPERS ON HOLD
Commercial real estate developers including Brookfield Asset Management, Kilroy Realty, and Vornado Realty Trust have halted progress on major new office projects, The Wall Street Journal reported.