Richard Briggs joins from CreditSights
The first quarter was a rollercoaster for global credit markets with a severe, homogeneous sell-off, followed by a sharp, if more modest, central bank-induced recovery.
Record outflows in March
Sector unlikely to be cause of any impending financial crisis
Following the unprecedented falls across all financial markets in recent weeks, the safest government bond markets have had to become cash vaults for fund allocators trying to raise the liquidity needed to plug the fast-growing holes left by the equity,...
The global spread of the coronavirus led to a simultaneous shock on both the supply and the demand side of the affected economies.
Hermes' credit team updates investors