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.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
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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.
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