Credit markets were broadly wider over the month, as investors deliberated over the potential timing and magnitude of the normalisation of official US interest...

Credit markets were broadly wider over the month, as investors deliberated over the potential timing and magnitude of the normalisation of official US interest rates, in light of the notable improvement in the US economy recently. Conversely, there were further indications that Chinese growth is slowing, and the IMF again downgraded their forecasts for global growth.