European commercial bond market may suffer from lack of liquidity, ESRB says
Europe's commercial bond markets may be suffering from reduced liquidity, the European Systemic Risk Board (ESRB) said in a report issued today (October 6).
There was "widespread concern" that a "significant" decline in market liquidity could damage some fixed-income markets, the ESRB said, but lack of data had made it difficult to assess this. In response, the ESRB said, it had carried out quantitative and qualitative studies aimed at filling the gap.
The ESRB's data showed "mixed evidence" of
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