A rebalancing act to reduce risk
![](https://www.lamiafinanza.it/en/wp-content/uploads/2022/05/nature-scene-53-940x320.png)
• We slightly reduce risk on a worsening macro outlook. We upgrade European government bonds and investment grade credit, and… »
• We slightly reduce risk on a worsening macro outlook. We upgrade European government bonds and investment grade credit, and… »
Quagmire the central case. The situation in Ukraine remains very fluid. Our central case assumes a protracted crisis, keeping the… »