Europe leads opening rally, with Asian boost to autos, banks and commodity traders

By Dan Alderson

Monday, July 06, 2020

A bullish tone in Asia around the economic recovery from the coronavirus pandemic has carried over into the rest of the credit market at the start of the week, taking European spreads tighter and pointing to a solid opening for the US after its long weekend

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TAGS: Asia CDS Europe High yield bonds Investment grade credit North America Synthetic/SRT

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