With the euro languishing at a four-year low, investors are turning to alternative currencies resulting in Canadian dollars and Swiss francs gaining in importance in global bond sales.
Ã¢â‚¬Å“Investors are only too happy to diversify,Ã¢â‚¬Â said James Camp, who helps oversee $17 billion of assets as managing director of fixed income at Eagle Asset Management Inc. in St. Petersburg, Florida. Ã¢â‚¬Å“The window for issuers may be closing and they need to look to other markets for funding.Ã¢â‚¬Â
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.