Bletzinger, Tilman; Greif, William; Schwaab, Bernd - 2022
bonds issued by the European Union (EU) are widely considered to be of high credit quality, and that their yield spread over … German Bunds remained contained during the 2020 Covid-19 pandemic recession. Recent issuances and taps under the EU's SURE … and NGEU initiatives helped improve EU bonds' market liquidity from previously low levels, also reducing liquidity risk …
