Bank transparency key for market recovery - SLI

He claimed that SLI had warned about uncertainty in the corporate bond market for some time. “We believe we are in the middle of a period of de-leveraging of risk across asset classes after several years of overly-generous credit conditions. “We expect trading conditions will eventually return to these markets, through a slow work out of the issues, aided by central banks and regulators,” he said. Sutherland is confident that the unwinding process will be absorbed successfully, attributing this to the robust nature of the global economy: “While an entrenched global recession involving a...