Global Credit Spreads Reach 17-Month High as AI Fears Mount
Global bond-market metrics point to their strongest risk-off sentiment in more than a year. Dollar-bond spreads for higher-rated Asian companies widened to a high on Friday as AI-stock selling and geopolitical tensions pushed investors toward safe havens.
Metrics across global bond markets are signalling their biggest risk-off sentiment in more than a year, as a selloff in AI stocks and growing geopolitical tensions caused investors to seek out safe-haven assets.On Friday, spreads on dollar bonds of higher-rated Asian companies widened to their high…