US will outperform Europe, portfolio managers predict
Credit portfolio managers are deeply divided over whether European credit spreads will widen or tighten by the end of September, according to a survey — though they tend to predict that US spreads will tighten.
The polls results underline the deep uncertainty in markets about whether European leaders can find a solution to the eurozone debt crisis. They also reflect investors continued optimism that the US will find a way out of its budget impasse.
The International Association of Credit Portfolio Managers, a
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: firstname.lastname@example.org or find out more online here.