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2021/07/01 / Erste Group Research

Inflation and Volatility as Faithful Companions

At 1.9%, the first flash estimate of Eurozone inflation is exactly in line with market expectations. However, core inflation remains volatile, which is also reflected on the capital markets. As a result, investors in the EUR credit market seem to have lost some of their buying interest. This is reflected in lower over-subscriptions, while investor interest in ESG issues remained stronger. In the summer months, the supply side will additionally decrease. Credit spreads are currently moving in a stable manner sideways across all asset classes.

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General information

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


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