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Economic··Severity 5

AT1 Buyers Are ‘Far Too Complacent’ to Risks, Man Group Says

Investors are “far too complacent” on the Additional Tier 1 bonds, the riskiest type of bank debt, and spreads now appear too tight, according to investors at Man Group.

Scenario chain

Probabilities below are model estimates based on the event chain, horizon, and indicators. They are not outcome guarantees, investment advice, or emergency instructions.

A

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15%

Forecast derived from cascade analysis. Watch confirmation indicators below.

Primary source: Bloomberg Markets

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