Reading The Markets Sweden

Published 10/02/2015, 02:12 AM
Updated 05/14/2017, 06:45 AM

We see several signs of higher risk aversion among savers and investors. Money is being taken out of funds with more risky assets and re-allocated to safer alternatives like money market funds and bank deposits. Credit markets are meeting some headwind, with wider spreads both internationally and in Sweden. As we see it, this is one reason why Swedish covered bonds are underperforming. Macro issues - where the global cycle is heading - appear to be back on the radar.

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