Periphery targeting dollars as market rides out storm

23 May 2013

Peripheral European sovereign borrowers could be set to defy the volatility that shook dollar markets this week with new issuance in the currency, writes Craig McGlashan.

Capital markets bankers across several sectors were confident that markets would shrug off what they labelled as a "blip" in sentiment on Thursday, and remained bullish on deal prospects.

Stock markets had fallen sharply following comments on Wednesday by the chairman of the US Federal Reserve and poor data ...

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