Dollar bonds at widest levels versus euros in nine months, says JP Morgan
Credit analysts at JP Morgan are urging investors to swap their euro bond holdings for similar deals in dollars, where they say there are ‘attractive opportunities to position for convergence’.
Euro bonds have outperformed dollar deals this summer as investors have scrambled to price in the potential impact of a new package of stimulus measures from the European Central Bank.In a note published this week, credit analysts at JP Morgan said that dollar bond spreads were ...
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