20.11.2009 - Are investors fishing for Gulf bonds near the market top?
From Arabianmoney.net: Foreign and local investors are snapping up bonds issued by Gulf companies and governments. Yesterday Qatar announced a $7 billion bond sale, the biggest and most tightly priced to date. But are investors buying at the top of the bond market? Yields are exceptionally low. Perhaps they should really be looking at Gulf stock markets for value, or be preparing to do so if local markets have a correction after the long rally since February..........................Full Article: Source