NOT FOR REPRINT
Page Printed from: treasuryandrisk.com/global-markets/economy/?page=64
Sign In To follow
Premium for purchasing junk bonds rather than investment-grade corporate bonds reaches 4.3 percentage points, highest level in nearly three years.
Credit traders gird for the worst as analysts worry Fed may have waited too long to raise rates.
Economists expected an increase of 0.2 percent, but instead the index declined by the same amount.
Analysts recommend being 'underweight' in emerging-market holdings.
As rate liftoff approaches, FOMC meeting minutes indicate continued concerns about when inflation will hit 2 percent target.
CFTC commissioner Mark Wetjen is leaving after almost four years.