Europe-US convergence in play as week ends on strong rally

By Dan Alderson

Friday, November 04, 2022

A big push tighter in credit spreads on Friday has extended the theme of European outperformance, with iTraxx Crossover briefly trading inside US high yield index counterpart CDX HY for the first time since July

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

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