![Fundamentals show European banks well set up as bonds are still cheap](/sites/default/files/styles/teaser_image_max715/public/2023-10/24_27.10.2023_Blog_Teaser.jpg.webp?itok=ZZQycZ5T)
Fundamentals show European banks well set up as bonds are still cheap
Whilst bank debt has recovered from the contagion of the US regional banking crisis and the Credit Suisse write down event earlier this year, many bonds are still trading wider than they were at the beginning of the year.