Euro Investment-Grade Credit Spreads Expected to Remain Relatively Stable in Near Term
Dow Jones
Yesterday
1517 GMT - Credit spreads on euro investment-grade bonds are expected to stay relatively steady in the near term due to strong fund inflows and healthy corporate earnings, Societe Generale's Juan Valencia says in a note. Euro credit spreads have remained resilient despite global markets volatility due to geopolitical concerns and tech-related worries, Valencia says. Spreads are likely to stay within the current levels unless a major trigger occurs. This could include "a more aggressive corporate releveraging that finally sees some weakening in corporates' ability to service debt," he says.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.