Credit investors remain bullish

Credit investors have injected more cash into European corporate bonds and credit default swaps in the last month, taking their total investment in the asset classes to a near two-year high.

The bullish sentiment picked up in a survey by JP Morgan comes despite increasing investor concern over a potential rise in defaults coming from interest rate rises in the US, and high levels of corporate debt, particularly in private equity-backed firms.

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Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached