Credit traders' kickstand: rally makes good on relative value plays, but high yield pitfalls abound

By Dan Alderson

Credit markets are ending the week on a stronger tone overall than they did last Friday, following supportive comments this week from both the US Federal Reserve and the European Central Bank meeting. But big drops in some individual company bonds shows there are still plenty of pitfalls to catch out the unwary

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TAGS: CDS Europe High yield bonds Investment grade credit Distressed debt Credit derivatives Round-up Kickstand