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Crazy bonds are putting banks under pressure

Trevor Sykes
Trevor SykesColumnist
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Having reached remote old age, Pierpont fears he is losing his feeble grip on sanity.

The financial world, populated by people smarter than your correspondent, is operating in a fashion Pierpont no longer understands.

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Trevor Sykes writes on Business specialising in Mining, Energy, Shares. Trevor applies his acerbic wit to Australian business as Pierpont.
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    Original URL: https://www.afr.com/markets/debt-markets/crazy-bonds-are-putting-banks-under-pressure-20161006-grw22q