Market mourns fall of "last bastion" of liquidity
The covered bond market found a rare moment of unity this morning, with market participants joining their voices in chorus to describe their fears, with the market set to go from “bad to worse” according to many. The fall of covered bonds as one of the last funding strongholds is set to spark a flight to quality from investors and further widen spreads.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts