Unlock the White House Watch newsletter for free
Your guide to what the 2024 US election means for Washington and the world
The cost of insuring the debt of Europe’s riskiest companies against default has soared to the highest levels in 18 months as investor alarm rises in response to Donald Trump’s tariffs.
The spread on the iTraxx Crossover index, which measures the cost to insure junk-rated companies against defaults, has surged 93 basis points to 421bp since April 2. This means it costs…
Read the full article here
