Trade tensions set up tricky September for risky names

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Trade tensions set up tricky September for risky names

Emerging markets1_230

An extraordinary week in global rates markets has left primary capital markets bankers eyeing widening bond spreads with worry. While absolute yields are roughly stable over the past week, gapped out credit spreads will mean a tricky road full of pot-holes for issuers lower down the credit spectrum when summer ends.

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