Analysis-Investors warm to European corporate bonds after a brutal year

Published by
Reuters UK

By Harry Robertson LONDON (Reuters) – Investors are moving back into the European corporate bond market after one of the most brutal years in history, lured by juicy yields and hopes that central banks may soon let up on their aggressive interest rate hikes. Funds focused on investment grade euro-denominated corporate debt have seen sizeable inflows for four straight weeks, according to data from Refinitiv Lipper, even as Europe teeters on the brink of recession. Net inflows came in at $1.17 billion in the week to Nov. 9, the highest weekly amount this year. Data from BlackRock tells a similar…

Read More