NEW YORK: Credit investors are looking to pounce on new opportunities resulting from the wild swings in financial markets triggered by the US-China trade war.
Average spreads in the US high-yield bond market are about 419 basis points – lingering around the highest since late 2023 – while prices in the leveraged-loan market have dipped to below 95 US cents on the US dollar since President Donald Trump’s announcement last week that the US was raising the tariffs on Chinese goods to 145%.
