Investment grade corporate spreads forecast to widen

By Mike Turner
20 Oct 2020

High grade corporate bond spreads face a rocky few weeks after six months of consistent tightening, as coronavirus lockdowns and corporate earnings blackouts contribute to increased short term volatility.

The autumn surge in coronavirus cases across Europe and the US has rattled markets. A rise in infections was expected but the shift in official the response to them was not.

“What appears to have changed is not so much the latest announced restrictions,” said Matthew Bailey, European credit ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial