Something of a rear-view look at the trade of 2024. The article highlights the massive rally in Property Hybrid bonds from Dec '23 onwards led by CPIPGR and ARNDTN. Ends with a note of caution from Julian Marks (Nomura).

FT Link

 

REAL ESTATE: Property Hybrids: FT Article

Last updated at:Sep-30 06:24By: David Hayes

Something of a rear-view look at the trade of 2024. The article highlights the massive rally in Property Hybrid bonds from Dec '23 onwards led by CPIPGR and ARNDTN. Ends with a note of caution from Julian Marks (Nomura).

FT Link