XTRA:CBKBanks
Commerzbank Questions Safe Havens As Funding And Valuation Story Evolves
Commerzbank (XTRA:CBK) research flags weaker performance of traditional safe havens during recent market stress linked to Middle East conflict.
The bank highlights that government bonds and some currencies have not provided the usual protection during heightened geopolitical risk.
The findings point to changing behaviour of classic risk off assets that many investors rely on for portfolio defence.
Commerzbank is one of Germany's major lenders, with a large presence in corporate and retail...