Bloomberg Surveillance cover image

Surveillance: Fed Pause with PGIM's Rosner

Bloomberg Surveillance

00:00

Is There a Bad Precedent to Be Set?

The AT1 market is clearly unfolding. You can see in the performance of the various bank entities who has better language in their documents than others. I think people are going to be taking a much closer look at the rest of that market. That's 250, 270 billion, depending on how you measure it; considering 16, 17 billion of them were just wiped out.

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