AT1 Niche Turns Into Acute Painpoint of Global Bond Selloff
One corner of the Additional Tier 1 market stands out in the global bond selloff, where rising rates are squeezing banks with large property-lending businesses, hammering their riskiest debt.
By Tasos Vossos · Bloomberg Markets
One corner of the Additional Tier 1 market stands out in the global bond selloff, where rising rates are squeezing banks with large property-lending businesses, hammering their riskiest debt.