Despite the spiral, Europe booked almost $200bn in deals in the first quarter of 2020, 30% more than the first quarter of 2019.
The European Central Bank (ECB) has extended the timeline for the review of its monetary policy strategy from the end of 2020 to mid-2021.
The Bank of England announced that it would purchase at least £10bn of eligible sterling non-financial corporate bonds in the coming months.
While more than half of Swedish fund savers recently reviewed their funds savings, a large majority – 87% - have not changed their long-term investment plans.
Investment grade issuers have managed to refinance, albeit at higher risk premiums. But the window may close soon.