Buy iTraxx Europe equity tranche risk but sell Crossover mezz, says JP Morgan

By Dan Alderson

Tuesday, August 13, 2019

Investors should stick with ‘search for yield’ ideas in investment grade credit, say JP Morgan credit strategists, including selling iTraxx Europe 0-3% equity tranches delta hedged, going long the 10-year Europe index, and selling credit volatility through index options while buying equity market volatility

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TAGS: Asia CDS Europe High yield bonds Investment grade credit JP Morgan Research Structured credit Credit derivatives

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