Corporate market stands corrected — and ready for action
The minor sell-off in corporate credit of the past fortnight has come to an end. The spread widening that followed news in mid-May that Italy’s GDP had fallen in the first quarter has mostly been reversed, helped by a recovery in European share prices. As many predicted, this was no rout but a temporary correction.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: