1452 GMT - Investors in investment-grade credit expect the European Central Bank to cut interest rates by slightly less than investors in high-yield credit, the Bank of America credit investor survey shows. Up to 41% of investment-grade credit investors expect the ECB's terminal deposit rate will be 2%, while a 37% share of high-yield credit investors forecast a terminal rate at 1.75%, according to the survey. Analysts at Bank of America expect the deposit rate to fall to a low of 1.5% by September. The ECB deposit rate is currently at 2.75%. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
February 17, 2025 09:52 ET (14:52 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。