Europe rallies hard after CDX IG closes tighter for first time since June

By Dan Alderson

Volatility in credit remains heightened due to the coronavirus outbreak, but movement has become two-way, with European CDS indices surging tighter today after US index CDX IG ended yesterday’s session tighter than iTraxx Europe for the first time in nine months

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TAGS: Asia CDS Europe High yield bonds Investment grade credit Credit derivatives North America