Credit rallies on Fed and BofE rates signals, but starting gun fires on tapering

By Dan Alderson

Credit and equity markets have responded well to the US Federal Reserve unveiling much anticipated plans to begin tapering asset purchases, while vouching it will stay patient on hiking interest rates. The Bank of England followed this on Thursday by holding its rates at 0.1%

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