Research Detail
| 2024/10/23 / Erste Group Research |
Refinancing risk for HY issuers has fallen The next ECB meeting will take place in December 2024. Until then, the development of economic sentiment indicators and inflation data will remain key indicators for further interest rate moves. Credit spreads in the corporate bond sector continue to narrow slightly. The third-quarter earnings season remains important for the further development of the credit markets. HY companies have good liquidity profiles and free cash flows. Moody's expects the European speculative default rate to fall further over the next twelve months. |
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General information
| Author | Erste Group Research |
| Date | 2024/10/23 |
| Language |  |
| Product name | Credit News |
| Topic in focus | Credits/ Corporate bonds |
| Economy in focus | Austria, Eurozone |
| Currency in focus | Euro |
| Sector in focus | - |
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