Corporate credit drifts wider but avoids equities-style slump

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Corporate credit drifts wider but avoids equities-style slump

decline_drop_slump_Adobe_17Apr2020
Depressed business man looking down at the falling red arrow going through a concrete floor. Fall and depreciation concept. | pathdoc - stock.adobe.com

Europe’s corporate bond secondary market widened on Monday, amid a far sharper sell-off in equities, and bankers say a bump in cases of coronavirus in the US and China will dampen new issuance.

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