USD AT1 Bonds: A Strong Performer in a Volatile Market

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BondWatch Editorial
Published 12 Apr 2025
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Period: April 7 – April 11 1. Market Overview Despite escalating tariff-related tensions, the USD Additional Tier 1 (AT1) bond market demonstrated resilience during the week. While market uncertainty led to slight adjustments in pricing, the modest yield uptick has enhanced the asset class’s appeal for income-seeking investors This analysis uses outstanding bonds from the...

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