UBS Strategists Recommend Short on Junk-Rated European Retailers
UBS Group AG credit strategists suggest investors short the bonds of European junk-rated retail names, saying they trade at expensive levels that aren’t supported by broader economic conditions.
By Giulia Morpurgo · Bloomberg Markets
UBS Group AG credit strategists suggest investors short the bonds of European junk-rated retail names, saying they trade at expensive levels that aren’t supported by broader economic conditions.