HALISTER1: BlackRock Favors Junior Corporate Debt From European Core

BlackRock Favors Junior Corporate Debt From European Core

(Bloomberg) -- Co. also likes financials’ notes from same region, Marilyn Watson, head of global fundamental fixed income strategy, says in e-mailed comments.
  • “ECB’s supportive monetary policy stance will continue to provide a beneficial backdrop” for the assets: Watson
  • Inclusion of corporate bonds up to 30 years in asset-buying program may be start of “much deeper longer-dated” bond market in Europe
  • NOTE: ECB Ready to Hold Onto Corporate Bonds After Downgrades to Junk
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

People
Marilyn Watson (BlackRock Inc)

To de-activate this alert, click here

UUID: 7947283