Handelsbanken heads for yen as 'ugly' FIG joins global rout

Tom Porter

August 24, 2015 12:30 pm

worried traders — Stock traders checks out a graph showing activity of US interest rates over one year in a business bank, in Paris, Monday, Dec. 12, 2011. Enthusiasm for riskier assets such as stocks and the euro faded Monday as investors worried that Europe's new pact aimed at fixing the continent's debt crisis would be insufficient. (AP Photo/Michel Euler) | Michel Euler/AP/Press Association Images

Svenska Handelsbanken is set to make its first trip to yen this year, as bankers’ hopes of seeing an early restart to FIG supply in Europe this week were hit by a global sell-off on Monday.

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Tom Porter