Heavy market rout takes credit back to November 2020 levels

By Dan Alderson

High volatility is gripping financial markets at the end of a week that has been decisively bearish for credit spreads, as concerns about the end of central bank stimulus and warnings of a Russian invasion of Ukraine next month layer on pain for investors

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TAGS: Asia CDS Emerging markets Europe High yield bonds Investment grade credit Secondary market Distressed debt Credit derivatives North America