Deutsche Bank Favors US Over Euro Corporate Bonds on Iran Impact

Deutsche Bank Favors US Over Euro Corporate Bonds on Iran Impact European corporate bonds are vulnerable to the aftershocks of the war in Iran, with spreads for both investment grade and junk bonds expected to widen by year end, according to strategists at Deutsche Bank AG. Credit strategists led by Steve Caprio are now underweight euro-denominated credit compared to US dollar credit in their global allocations. While the AI disruption theme is a risk for US credit, “the aftershocks of the Iran war are playing out faster,” they wrote in a note to clients on Monday. [Image text:] 30.29 DB LISTED 6J 30.2350 NYSE -0.14-0.48% NYSe ANICe eXCHANGOE DB 82,579,917 VOLU Deutsche Bank Aktlenge.. 40,535,597 DVOL 165,735 VOLUME 40,688,035 UVOL 7,141,583 30.15 OPEN VOLUB 13,567,448 VOLUC 30.25 207.31 HIGH 16,109.82 TRAN 0.01 Citadels 15.95 VIX MARKET MA -4.03 2,248.46 RUT 30.18 -1.15 66.97 VWAP XES 1.07 REIT 2,642.08 1.05 1,945,125,000 267.48 SHARES OUTSTANDING XSD