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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
US corporate bonds issued by riskier borrowers are sliding as concerns rise that President Donald Trump’s tariffs will knock the American economy.
The spread — or additional borrowing cost relative to US Treasuries — paid by junk-rated US companies has jumped by 0.56 percentage points since mid-February to a six-month high of 3.22 percentage points, according to…
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