Many European Investors Expect More Mark-to-Market Loss-taking on Sovereign Debt
European fixed income investors are more bearish on the prospects for sovereign debt than for any other asset class, according to Fitch Ratings The results of the agency’s quarterly fixed income investor survey, conducted during January, show that 70% of investors are concerned that sovereign credit fundamentals will deteriorate during 2010. In addition, 40% believe that [...]
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