by wp-admin | Aug 29, 2023 | Analysis & Performance, Climate Bond, News
Sentiment remained strong in July, as the theme of disinflation coupled with a soft landing made a
comeback. Spreads on EUR IG corporates were c15 bps tighter on the month to 147 bps. EUR IG corporate total returns were positive on the month (1.05%) as tighter spreads were partially offset by higher rates.
by Atlanti | Aug 9, 2023 | Analysis & Performance, Climate Bond, News
Market backdrop sentiment improved in June, particularly over the first half of the month following the US debt ceiling resolution. Spreads on EUR IG corporates were circa 8 bps tighter on the month to 162 bps. Away from the US debt ceiling story, the focus remained on central banks and inflation.
by Atlanti | May 24, 2023 | Analysis & Performance, Climate Bond, News
Sentiment was particularly weak in March driven by fears around the banking sector in Europe and the US. Spreads on EUR investment grade (IG) widened by more than 20 bps to 170 bps after peaking at circa 200 bps during the month. Rates rallied on a combination of more dovish (at least as interpreted by the market) rhetoric from central banks as well as risk-off seen in markets.
by Atlanti | Mar 8, 2023 | Analysis & Performance, Climate Bond, News
After a very strong start to the month, fixed income markets gradually crept lower during the month as rates rose significantly in February, with EUR investment grade (IG) corporates ending the month -1.4% in terms of total return. Sentiment remained resilient nevertheless, as spreads were slightly tighter over the month – by 4 bps to 148bps.
by Atlanti | Dec 8, 2022 | Analysis & Performance, Climate Bond, News
Market sentiment was particularly strong in November, with EUR investment grade (IG) spreads 40 bps tighter on the month. Expectations of a ‘pivot’ in central banks’ monetary policy and better-than-expected inflation prints both in the US and Europe led to a strong rally in markets globally.