Posts Tagged ‘international markets’
Changes in the payday interest-rate environment
Tuesday, October 27, 2009 18:42 Comments OffA comparison of the sector structure of the Euro and US dollar corporate bond markets shows that the share of financials is much higher in the Euro market. While financial companies are somewhat cyclical, especially with respect to changes in the interest-rate environment, they are usually considered a rather defensive sector. The same holds true [...]