US lags as credit explores three-month tights

By Dan Alderson

Credit markets in Europe and Asia have begun June on a rally to their tightest levels in nearly three months, with optimism over reopening economies outweighing concern about US/China trade negotiations. But US credit looks set for a more cautious opening, after a weekend of widespread protests and rioting

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