Regional bank bond prices outperform stocks of late — a sign that debt investors are growing more comfortable

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Corporate bond prices for Western Alliance Bancorp have outperformed stock prices lately, while Zions, Keycorp, Comerica bond prices have moved higher.

Corporate bond prices in at least four regional banks have been gaining ground at a greater pace than equity prices in a sign of stability after a volatile few months for the sector.

Corporate bonds in Western Alliance Bancorp WAL have been particularly strong, with prices currently outperforming its stock price, according to data from BondCliQ. The bond price moves suggest that for now, bond investors appear to be slightly more bullish on the regional banks than common stock investors.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Big Tech is driving corporate earnings, and buoying expectations for coming monthsQ2 profit expectations grew more pessimistic for all but two industries over the past three months, according to FactSet. Both were heavy on big tech.
Source: MarketWatch - 🏆 3. / 97 Read more »