Global Financial Stability Report, March 2002: Market Developments and Issues
March 13, 2002
Download PDF
More Formats on IMF eLibrary
Order a Print CopySummary
This March 2002 issue of the Global Financial Stability Report highlights that financial markets ended the year 2001 on a positive note. Equity markets recovered and rallied noticeably from their lows of late September. In bond markets, yield spreads of corporate and high-yielding bonds, particularly emerging market bonds, narrowed against the U.S. Treasury. At the same time, the U.S. Treasury yield curve steepened, and the U.S. dollar has strengthened. Financial markets thus anticipate, and have priced in, a recovery in economic activity and corporate earnings during 2002.
Subject: Credit, Credit risk, Early warning systems, Emerging and frontier financial markets, Financial crises, Financial markets, Financial regulation and supervision, Money, Stock markets
Keywords: Asia and Pacific, Credit, Credit risk, Early warning systems, Emerging and frontier financial markets, emerging market, emerging market bond, emerging market sovereign, Europe, financial market development, GFSR, Global, investor, market, market discipline, market expectation, market participant, Stock markets
Pages:
90
Volume:
2002
DOI:
Issue:
001
Series:
Global Financial Stability Report No. 2002/001
Stock No:
GFSREA0012002
ISBN:
9781589061057
ISSN:
1729-701X
