Look for:

Our offer for

Research Detail

2021/04/15 / Erste Group Research

Will investors continue to assume risk?

Although the mood on the financial markets remains positive, the surprising decline in the ZEW index signals some uncertainty as a result of the stricter lockdowns in many countries. Further indications will come from the EZ PMI manufacturing data (23.4.) and the German ifo index for April (26.4.).

Within the corporate bond market, high-yield issuers should continue to benefit from the improving global economic outlook, their low duration and the still very favourable financing conditions. Spread tightening dynamics have recently weakened slightly.

Special topics of the week:

- Issuer in Focus: OeKB
- EP Infrastructure: Results 2020

PDF Download Download PDF (394kB)

General information

AuthorErste Group Research
Product nameCredit News
Topic in focusCredits/ Corporate bonds
Economy in focusAustria, Eurozone
Currency in focusEuro
Sector in focus-


We use cookies and web analysis software to give you the best possible experience on our website. If you consent, these tools will be used. For more details please read our Data protection policy.


Any information, material and services regarding financial instruments and securities provided by Česká spořitelna/Erste Group/ or any of its affiliates (collectively “Erste Group“) on this and any linked website hereafter (jointly the “Websites“) shall be exclusively to investors who are not subject to any legal sale or purchase restrictions.

By agreeing to this hereto, the visitor entering this Websites confirms that has read, understood and accepted this Information and the Disclaimer