European Bank Investors Relaxed About Greece, Bond Rout, Data Shows
Commerzbank AG's headquarters in Frankfurt, Germany.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
Greece's ongoing contretemps with creditors and gyrations in the bond markets have failed to get European bank investors trading, with volume in the sector the lowest in the Stoxx 600.
Even though European banks are the best performing equity sector since German bund yields started their rise in mid-April, 20-day volume as a percentage of 6-month average volume is just 73 percent. The average on the Stoxx 600 is about percent, Bloomberg data shows.