In this paper, we assess the potential risks associated with such a strategy by stressing capital requirements using spread-implied ratings.
Our view over the past few quarters has been that EURUSD should be rangebound, as the cyclical outperformance of the US economy is offset by the eurozone’s relatively better balance of payments position.
Markets, economy, stocks, growth, global, fixed income, international, asset classes
Implications for insurance capital requirements
EURUSD should be rangebound
Themes and implications from the Global Fixed Income, Currency & Commodities Investment Quarterly
This paper examines the U.S. commercial mortgage loan (CML) market and U.S. insurers’ investments in CMLs.
The Canadian dollar has weakened throughout the Bank of Canada's hiking cycle over the last two years.