Single names join rally as positive skews persist in Europe

By Sayed Kadiri

Tuesday, November 03, 2020

Single name CDS has joined the rally with European credit moving tighter this morning to continue the momentum from Monday. iTraxx Main is trading 2.1 basis tighter at 61.1bp today, according to IHS Markit, having shed 1.9bp yesterday. Similarly, iTraxx Crossover at 348.2bp has tightened 9.7bp today after tightening 9.1bp yesterday

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TAGS: Europe Pricing Performance North America Synthetic/SRT

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