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Credit market activity was rather muted over August, although spreads in some areas were a little wider, as further uncertainty regarding the timing of rate...

PM Capital

PM Capital

Credit market activity was rather muted over August, although spreads in some areas were a little wider, as further uncertainty regarding the timing of rate rises in the US as well as mixed data releases, both domestically and offshore, kept investors guessing. There is no doubt that the appetite for yield has strayed, however investors are being a little more cautious than they were 6 months ago. See our full fixed income August monthly report here: (VIEW LINK)


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