Perps flood market as investors grab for yield
Perpetual tenors were in favour this week as four borrowers from Greater China sealed perps in a yield-hungry environment.
After weeks of relatively positive sentiment and seemingly insatiable investor appetite, global markets nosedived on Monday. News that the coronavirus Covid-19 was spreading outside China, with hot spots appearing in Iran, South Korea and Italy, shook investors.As worries about the virus’s effects on the West grew, ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org