For the past one and a half years, the spreads of investment-grade corporate bonds have been narrowing, and even the recent volatility triggered by the political situation in France should calm down in the foreseeable future. While the already tight spreads relative to government bonds already make the market segment appear expensive, the high yields contribute to its ongoing attractiveness. More favorable financing conditions in euros have led to a resurgence of so-called “Reverse Yankees”.
Om dit artikel te lezen heeft u een abonnement op Investment Officer nodig. Heeft u nog geen abonnement, klik op "Abonneren" voor de verschillende abonnementsregelingen.
