EFTA Document EFTA01458577

Deutsche Asset & Wealth Management CIO Flash Bond-market turmoil - specific or systemic risks? October 2, 2015 - Increasing investor risk aversion has become even more evident in late September. While equities started their pronounced correction back in August, highiyield (HY) bonds, and a couple of investment•grade (iG) bonds took deeper dives in September. Higher risk assets are the main targets for sell-offs. The volatility measures for both tiv S&P 500 Index as well as the Euro Stoxx