Weekly Focus – Central Banks Hold Steady Course Despite Banking Jitters
After UBS’ takeover of Credit Suisse and the wipe-out of AT1 bondholders, risk sentiment remained on shaky grounds this week. Investors took courage from comments from European regulators that reiterated that common equity instruments are first in line to absorb losses before AT1s. Yields started to rebound and markets have now repriced the ECB peak […] The post Weekly Focus – Central Banks Hold Steady Course Despite Banking Jitters appeared first on Action Forex.
After UBS’ takeover of Credit Suisse and the wipe-out of AT1 bondholders, risk sentiment remained on shaky grounds this week. Investors took courage from comments from European regulators that reiterated that common equity instruments are first in line to absorb losses before AT1s. Yields started to rebound and markets have now repriced the ECB peak […]
The post Weekly Focus – Central Banks Hold Steady Course Despite Banking Jitters appeared first on Action Forex.
