Europe regains momentum versus US despite bank concerns

By Dan Alderson

European outperformance is extending this week, taking investment grade and high yield spreads alike to their tightest prints since June relative to their US peers. But Credit Suisse remains a blot on Europe’s record as the bank’s short term risk levels continue a worrying trend

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