Credit Markets Are Flashing Red
by Tyler Durden
ZeroHedge.com
Fri, 02/23/2018
Despite rebounds in US (and less so European) equities and drops in both regions’ ‘VIX’ measures, the last few days have seen an ominous reawakening in credit markets that is far more systemically concerning than a volatility ETN…
European credit spreads are back near cycle wides…
And US HY spreads are pushing back towards last week’s wides…
The Rest…HERE