No Halloween nightmare from rising bond yields Impact should be modest and long-dated
When rates go up, the knee jerk reaction can be to panic. However bond yield rises in 2023 have been more muted than the changes seen in 2022 and with >90% of telco debt as fixed rate, the impact from rising yields is spread out over many years for the sector.
Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.
New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:
- Pan European Telecom Services and Cable
- US Telecoms, Cable, Satellite and Towers
- Global Emerging Market Telecoms
- Japan Telecoms
- Asian Internet
- Pan European Healthcare
- Global healthcare thematic research
We provide debt research on:
- Pan European Telecom Services and Cable
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