Covid-19 drives bank bond prices to ‘more normal levels’

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Covid-19 drives bank bond prices to ‘more normal levels’

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Jiangsu,CHINA-JiangsuStatues wearing masks are seen at qingjiangpu scenic spot of the li canal and motherly love park in huaiyin district, Huai 'an city, Jiangsu province, feb 2, 2020.In the midst of the pneumonia outbreak caused by the new coronavirus, a statue wearing a mask seemed to remind people of the importance of wearing a mask when going out.(EDITORIAL USE ONLY. CHINA OUT) (Photo by /Sipa USA) | Sipa Asia/SIPA USA/PA Images

A brutal sell-off in credit in recent trading sessions has left some market participants questioning whether bank bonds are now ‘more in tune with what they should be’.

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