DCM Sovereign Coverage

DCM gets a lot of flak and covering Sovereigns' needs in the debt capital markets would traditionally seem like a pretty dry role at any other time in history. However, given everything going on with Europe and the fact that this exact issue (Eurozone countries and like facing troubling times in accessing the debt capital markets) is currently what is driving global sentiment more than anything else, do you think an analyst or associate from this position could leverage their knowledge, following and understanding of these key issues to go buyside? I met a hedge fund guy the other day who told me an analyst who could understand what is going on and be able to analyze trends could be useful to his team. But he may have possibly just been acting nice.

However, broadly speaking, what opportunities do you think could be taken advantage of, especially before (read: if) this crisis gets resolved and sovereigns go back to being their boring selves.

Basically I'm just asking what you could leverage this experience to in terms of exit opps as it is a pretty unique time to be covering European sovereigns from the debt standpoint. Or does it not make a difference and as usual, are DCM guys doomed with nowhere to go but up in the same organization.

Only constructive comments please. Thanks in advance banksters.

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