1503 GMT - Dollar-denominated corporate bonds remain attractive to foreign investors even as concerns about the U.S. economic outlook intensify, Goldman Sachs' Spencer Rogers says in a note. Foreign investors own nearly 30% of U.S. credit, and therefore they pose "risk to valuations from a significant change in participation", Rogers says. Foreign demand for U.S. credit is likely to remain steady "given the depth and liquidity of the U.S. credit market and lack of a competing alternative in many places," he says. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
April 30, 2025 11:03 ET (15:03 GMT)
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