Short breather on the credit markets

Erste Group
By November 9, 2018 02:04

Short breather on the credit markets

Credit Markets Weekly

Fed meeting and US mid-term elections in focus After the barrage of negative news in recent weeks – the conflict over the Italian budget, Brexit, the US sanctions on China and Iran, etc. – the markets are focusing on the US mid-term elections and in particular on the Fed meeting this week. The mid-term elections did not produce any surprises, indicating that we cannot necessarily expect the uninterrupted continuation of the extremely business-friendly policies by the Republicans. The outlook on the almost certain confirmation of the US monetary policy also made room for a short breather on the credit markets, which recently have seen a noticeable widening of spreads across all asset classes. The EUR primary market was overall calmer as well, with subdued supply due to national holidays. 

Erste Group
By November 9, 2018 02:04

SEARCH