12 Nov 2019 How About an EZ Asset that's Impervious to Overvaluation?

Claus Vistesen (Chief Eurozone Economist)11th Nov 2019 19:10Eurozone, Economic Monitor

Financial assets of all stripes are, by most metrics, expensive as we head into year-end, but for some markets, valuations matter less than in others. The market for non-financial corporate bonds in the euro area is a case in point.

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