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Market welcomes the move, but the tone around non-UK covered bonds is set to remain 'cautious'
Duration on the cards for senior funders, with covered bonds set to skew short
Supply expected to skew shorter after recent borrowers opted for the long end
Intraday alll the way as eurozone and non-eurozone covered issuers consider market
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Senior unsecured competition to put pressure on covered pipeline -
Covered and corporate issuers almost wholly responsible for lower volumes
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European banks well-insulated from tariff talk, but negative sentiment clouds pipeline
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Stubborn SSA market sets floor on covereds as regional differences evaporate
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Lack of supply, not demand, will cause any slowdown in euro covered market say bankers
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French rates risk appetite returns but OAT spreads still a hurdle for covered issuers
