Markets

Lower liquidity sparks volatility worries

The corporate bond markets have rallied since the summer, but there is nervousness now of a correction. Kevin Corrigan, head of credit at Lombard Odier, delves into the nuances of the corporate bond market and explains to capital markets correspondent Michael Stothard that volatility is a concern but that there is also a secular change underpinning the asset class rather than just speculative interest.