"We're seeing demand for riskier products," says Joe Castelluccio, New York-based co-head of middle markets at PrinceRidge investment bank, when asked about trends he is seeing in the market right now. "There is interest in barrier notes, and we're seeing a very strong interest in steepeners," he says.
"I think it's linked to the buoyancy of the stock market," says Castelluccio. "Stocks to me are a confidence index, and when people are jubilant about the stock market, it seems to put confidence
The week on Risk.net, July 7-13, 2018Receive this by email