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Daily Archives: 22nd February 2021

22nd February 2021

💶 Follow the money

What goes up, just came down!… Euro-denominated IG credit has returned -0.5% year to date (iBoxx index). But that’s +1.3% for the high yield market in Europe. Mind, the headlines suggest that the HY market in the US is close to overheating, as borrowers flood the market and funding costs reach eye-wateringly low levels. European […]
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