Meanwhile, inflation is still way above central bank targets, geopolitical tensions are high and recession fears are mounting, making it difficult to become too excited about risky assets. However, investment grade credit is starting to look attractive again. EUR investment grade bonds currently yield 2.3%, a level not seen since 2013. US IG also offers attractive yields of 4.15%, almost equivalent to the peaks reached in December 2018 or at the Coronavirus pandemic outbreak in March 2020.
Sur le même sujet :
- Une semaine chahutée sur les marchés qui rappelle l’importance de la discipline
- BCE prudente, États-Unis résilients et valeurs françaises sous pression
- Transition énergétique : un ralentissement qui rebat les cartes
- COP30 : l’Europe veut relancer la dynamique climatique
- Intelligence artificielle : bulle ou nouvel âge d’or des marchés ?
