External broker reports, Nordea

Nordea

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External broker reports

External broker reports(aggregated public sources)

Macroeconomics

<ul><li>A static shock makes leveraged covered bullets look fragile.</li><li>But let carry accrue and the bond age, and it takes a gradual widening near the worst oneyear move since 2012 to lose 20% of capital at 15x.</li><li>The refinancing auctions have gone softly so far, in both bullets and floaters. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

A static shock makes leveraged covered bullets look fragile.But let carry accrue and the bond age, and it takes a gradual widening near the worst oneyear move since 2012 to lose 20% of capital at 15x.The refinancing auctions have gone softly so far, in both bullets and floaters. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Bonds & bold: In the long run they don't all die