Via a Barclays note:
US credit spreads are likely to widen in the coming six monthsDue to prevailing highly uncertain environmentThe background to this is that the spreads have come in over the past two weeks, from extremes after Trump's April 2 tarif announcements. Since then, Barclays says prospects of trade agreements between the U.S. and China, low corporate bonds supply, and better-than-expected corporate earnings have brought them back in.
But, risks remain:
related to tariffs"We remain cautious and still expect spreads to be wider in the next six months" This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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