Soc Gen: bank bond spreads have ‘lagged the rally’

By Tyler Davies
19 Aug 2020

Analysts at Société Générale say that bank credit spreads have plenty of room left to tighten in 2020, especially as supply volumes fall in the second half of the year.

The French bank revealed its views this week as part of a credit outlook for the next six months.

In the report, Guy Stear, head of fixed income research, and Juan Esteban Valencia, head of European credit strategy, took a positive view on how market conditions will develop ...

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