LOS ANGELES, March 30, 2020 /PRNewswire/ -- DoubleLine Capital LP has posted a new paper titled "EU Orthodoxy at the Crossroads of COVID-19" by Bill Campbell, a Portfolio Manager for the DoubleLine Global Bond Strategy.
Heads of European governments had been discussing a joint European bond issuance, nicknamed "corona bonds," to help offset the economic shock of the measures implemented to slow the spread of the pandemic. Pushback to this joint fiscal action emerged March 26 at a virtual summit of elected leaders. In the commentary, Mr. Campbell warns that stalemate on this proposal risks destabilizing Europe's most vulnerable countries and reigniting the Eurosceptic political movements.
To download the paper, please go here:
https://doubleline.com/dl/wp-content/uploads/The-EU-and-COVID-19-March-30-2020.pdf
About DoubleLine Capital LP
DoubleLine Capital LP is an investment adviser registered under the Investment Advisers Act of 1940. DoubleLine's offices can be reached by telephone at (213) 633-8200 or by e-mail at [email protected]. News media can reach DoubleLine by e-mail at [email protected]. DoubleLine® is a registered trademark of DoubleLine Capital LP.
SOURCE DoubleLine
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