Get 40% Off
🔥 This hedge fund gained 26.16% in the last month. Get their top stocks with our free stock ideas tool.See stock ideas

Performance Of Nordic High Yield Cash Market Strong In 2015

Published 03/03/2015, 06:53 AM
Updated 05/14/2017, 06:45 AM
CL
-
IEUR
-

The strong momentum in credits continued last week with the iTraxx Crossover tightening by some 10bp. The strong momentum follows a stronger oil price, continued relative calm (before the storm?) around Greece and Ukraine/Russia. The positive momentum is driving a 'hunt for yield', increasing demand for higher yielding products such as equities and high yield bonds.

The strong market sentiment is also illustrated by the pan-European iShares FTSEurofirst 80 - IE (LONDON:IEUR) equity index hitting levels not seen since 2007. According to Reuters, European equity markets have had their best performance YTD since 1986.

The performance of the Nordic high-yield cash market has been strong in 2015. Danske Bank Markets' Nordic HY Index has delivered an estimated total return of 5.8% YTD .

To Read the Entire Report Please Click on the pdf File Below

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.