The cost of insuring Asian investment-grade debt fell the most in 11 months, indicating notable tightening in credit-risk pricing for the region. The move was driven by signs the Middle-East conflict may be nearing an end and is likely to support risk-on flows into Asian IG bonds and ease regional funding/credit conditions.
The cost of insuring Asian investment-grade debt fell the most in 11 months, indicating notable tightening in credit-risk pricing for the region. The move was driven by signs the Middle-East conflict may be nearing an end and is likely to support risk-on flows into Asian IG bonds and ease regional funding/credit conditions.
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