AT1 Niche Turns Into Acute Painpoint of Global Bond Selloff

🌐 Bloomberg (United States) —

AI Summary

Rising rates amid a global bond selloff are putting pressure on parts of the Additional Tier 1 market. Banks with substantial property-lending businesses are particularly exposed, and their riskiest debt has been hit hard.

One corner of the Additional Tier 1 market stands out in the global bond selloff, where rising rates are squeezing banks with large property-lending businesses, hammering their riskiest debt.

Markets Real Estate AT1 bonds bond selloff interest rates banks property lending credit risk

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