ECB Bubble Means Sovereign Bonds Aren’t Worth It, Swiss Re SaysBy
Reinsurer moving more of its investments into corporate debt
Governmment bonds don’t compensate for the risk, Fuerer says
The European Central Bank has turned government bonds into one of the riskiest asset classes, prompting Swiss Re AG to move more of its investments into corporate debt, according to the reinsurer’s chief investment officer.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.