Dollar FIG market froths despite taper talk

 Dollar FIG market froths despite taper talk

Large European banks shifted their funding focus to the dollar market this week, printing stunning deals as the euro market showed it was more sensitive to signs of tighter monetary policy. Tyler Davies reports.

The US market has looked a little shaky in parts of 2021, as investors have scrambled to predict how the Federal Reserve will react to rising inflation.

But all the talk of tapering failed to have much impact on dollar credit this week, which convinced large European banks

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial

Read full article…