Bank bond investors urge caution in week of consolidation

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Bank bond investors urge caution in week of consolidation

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Traders work on the the floor of the New York Stock Exchange at the opening bell on Wall Street in New York City on Monday, January 27, 2020. The Dow dropped more than 400 points at the open as coronavirus fears rise. Photo by John Angelillo/UPI | JOHN ANGELILLO/UPI/PA Images

Bank debt investors are growing increasingly nervous about the impact of the Covid-19 coronavirus, arguing this week that the risks in the market still outweigh the rewards.

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