ECB Bubble Means Sovereign Bonds Aren’t Worth It, Swiss Re Says

  • 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.