‘Rollercoaster’ Ride For European Corporate Credit Spreads: Citi

With Greece capturing headlines, it’s not surprising that other European credit vehicles are feeling some heat even though a Grexit may have limited impact on both U.S. Treasuries and emerging market debt. Citigroup’s Jeremy Hale and his team use the word “rollercoaster” to describe the price action in European corporate credit spreads in recent sessions. Taking the [...]