Reported 9 days ago
Global credit default spreads narrowed on Thursday as investors reacted positively to U.S. President Trump's unexpected 90-day pause on certain tariffs, boosting confidence in European and Asian debt markets. This relief rally led to a decline in the cost of insuring against defaults, with notable decreases in European indices, although concerns persist regarding the trade war with China. Experts advise caution in managing fixed-income investments as volatility is expected in the coming months.
Source: YAHOO