Credit makes comeback despite oil and treasury yields hitting new highs
The bearish mood that has gripped trading sessions over the past week appears to be easing slightly, with US and European credit indices picking up after a strong rally in Asia

Caution returns to credit trading following tech sector rout
After a strong Tuesday session, financial markets are taking a more cautious step back on Wednesday amid returning inflation concerns and following a weak session for Chinese tech stocks

US leads charge in strong relief rally
Credit markets have entered a relief rally on rising optimism the omicron covid variant will not prove as severe as had been feared

European high yield recovers ground on US as vaccine optimism mounts
A rocky week for financial markets is nonetheless ending with European high yield credit spreads markedly tighter than where they began, with  US underperformance re-establishing the transatlantic gap that prevailed before the omicron blow out

Reality check for credit as omicron research timeline extends
Another dose of harsh reality has sunk into financial markets on Tuesday, as investors continue to reappraise the impact of tightening travel restrictions and the timeline for pharmaceutical work to address the omicron covid-19 variant

Traders hunt for Monday bargains in Black Friday debris
The turmoil of Black Friday has given way to a counter-wise move on Monday, with financial markets latching onto scraps of hope over the weekend following the panic of a newly discovered covid-19 variant

US travel, energy and retail credits take big hit as variant rout extends
The widening trend in credit is extending as the weekend approaches, with US spreads picking up the baton from Europe's earlier surge

Nu variant panic sends credit spreads to the year's wides
The discovery of a new covid-19 variant has routed financial markets at the end of what had already been a dour week, sending credit spreads to their widest of the year

Spreads jump wider as Fed chair gets another four years
Financial markets have not reacted well to the nomination of US Federal Reserve chair Jerome Powell for another four-year term, taking this as signal for a more hawkish path of policy

Covid fourth wave lockdowns hit credit with travel cos under pressure
A flattish week in credit gave way to a spread widening move on Friday, as investor concern focused on a fourth wave of covid-19 cases in Europe and further signs of Chinese economic slowdown

Credit bull run falters as central bank glow abates
Thoughts that the credit market had taken a positive directional shift are turning, after Tuesday’s session has brought a sizeable retracement wider, but credit strategists predict an overall firming of tone into the end of the year off the back of dovish central bank meetings

Citi's former correlation trading star takes on new risk head role
Citi's former head of credit correlation trading has taken on a new role in the bank, becoming head of in-business market risk for global markets

It's a-live! AI platform launch puts US ratings in spotlight
RoboR8, a fintech platform that aims to democratise credit ratings through artificial intelligence, has launched and hopes to rate 50,000 companies by the end of December, before building to several million in 2022.

Energy crunch grows as differentiator for EM and western credit
Surging energy prices are adding to the inflationary picture in global economies and point to a mounting crisis that could bring sharply divergent performance for different parts of the credit market

Adler spreads return to earth as TUI gains altitude
German real estate company Adler is among stronger performers as credit markets strike an improved tone on Tuesday, while travel company TUI is an outlier to the wide side

Real estate relief boosts high yield but retail rout gathers pace
A mixed week for credit has taken German real estate company Adler back to safer levels while sending two supermarket retailers further into the realms of most risky in the iTraxx Crossover universe

Credit Rendezvous: Credit spins full circle
The third quarter was massive in terms of volumes with CLOs, high yield, leverage loans and private equity registering record issuance. But credit spreads were up and down as inflation fears, crackdowns in China and rising coronavirus cases became catalysts for risk-off sentiment in July and September

Hedging picks up as dip-buying is weighed against inflation
Inflation and rates will be the central drivers of credit market performance into the end of the year and beyond, investors and strategists agree

Credit suffers double punch from treasury and energy surge
Credit markets are nursing their wounds after taking a battering on Wednesday, prompted by a surge in oil prices and spike in government bond yields that add to concerns about rising inflation

Chinese power crunch brings off day for credit as investor optimism dims
Concerns about a China slowdown, Germany's election result, rate hikes and the US government's inability to lift its debt ceiling have contributed to a sharp move wider in credit, as investors attempt to digest a variety of big unknowns

HY set to roll after rocky week scuttles investors
Market participants are holding their breath ahead of the roll of US high yield index CDX HY, after a week of volatility and fund outflows

Credit rally extends as Fed hurdle passes and Evergrande views evolve
Credit markets are rallying for a second day, after the US Federal Reserve meeting indicated a shortening timeline to rate hikes but no shocks. A key deadline for China Evergrande bond payments still overshadows the Thursday session, but investor expectations have gravitated to a more localised impact for any fall out

Credit optimism returns on Evergrande and Fed but big questions loom large
Credit markets have moved onto a firmer footing, with one day of this week’s US Federal Reserve meeting out of way and troubled Chinese real estate behemoth Evergrande having negotiated a domestic yuan bond payment. But there is plenty of room for upset in the coming sessions

Real estate panic brings turbulent changeover for credit indices
New credit derivative index series have emerged at much wider levels, after a turbulent market rout made roll day more challenging for participants

US spreads narrow gap with Europe as credit hits new record tights
Corporate credit spreads are exploring new tights for the year, with Europe taking its turn to grind inwards once again today after strong sessions in Asia earlier and the US on Tuesday