Riskier AT1 Debt Is Most Stable in This Upside-Down Bond Market
The latest convulsions in bond markets exposed a quirk: Some of the riskiest, most complex structures have ended up being among the most stable.
By Tasos Vossos ยท Bloomberg Markets
The latest convulsions in bond markets exposed a quirk: Some of the riskiest, most complex structures have ended up being among the most stable.