Reported about 4 hours ago
The US credit risk gauge has surged to its highest levels this year, reflecting investor anxiety over the economy due to tariffs and federal workforce reductions. Investment-grade borrowers are hesitant to issue bonds, leading to a widening of the Markit CDX North American Investment Grade Index. Meanwhile, the stock market has seen significant declines, with fears of a potential recession linked to consumer weakness and economic uncertainty.
Source: YAHOO