Bank bonds take another beating as sentiment sours

David Freitas,

Tyler Davies

June 15, 2020 12:30 pm

Shop_reopening_Covid_PA_575x375_150620 — A store in Rome, Italy on May 16, 2020 in Rome, Italy. Clothing stores are preparing for reopening on May 18, 2020 during phase two of the Coronavirus Covid-19 emergency blockade. The Italian government is phasing out the blockade restrictions that have been implemented to stem the spread of the Sars-Cov-2 coronavirus causing Covid-19. (Photo by Andrea Ronchini/NurPhoto) | Andrea Ronchini, Ronchini/NurPhoto/PA Images

Sentiment is deteriorating in the financial institutions bond market amid fears of a second wave of coronavirus infections. Issuers are now expected to take a back seat until credit spreads show more signs of stability.

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Topics

Bank Capital Senior Debt JP Morgan Health and Biotech Europe Rabobank ABN Amro Regulatory Capital EMEA FIG SRI

DF

David Freitas

TD

Tyler Davies