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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Additional Tier 1 bonds have chalked up their biggest bull run ever, with a relentless rally in the risky bank debt showing no signs of letting up — despite some concerns about the market getting overheated.
A Bloomberg index of the bonds has surged more than 57% from the low that followed the wipeout of Credit Suisse’s notes in 2023. That’s the biggest bull run in the history of the asset class, topping the rebound that came after the coronavirus pandemic in 2020. The analysis excluded pullbacks of 5% or less to focus on longer-term market trends.