Clouds of tariffs loom over Europe as credit default swap costs rise.

GoldenOctober2024

2025-07-11 08:58:58

Jin10 data July 11 news, concerns have resurfaced ahead of the U.S. announcement of new tariffs on Europe. The cost of using credit default swaps (CDS) to hedge against credit default risks in the Eurozone has increased. According to S&P Global Market Intelligence data, the iTraxx Europe Crossover index tracking junk-rated corporate bonds in the Eurozone rose by 5 basis points to 283 basis points. Tickmill Group analyst Patrick Munelli pointed out in the report that Trump has announced that the EU will also receive a tariff letter, leading investors to believe that trade negotiations between the U.S. and Europe are not progressing smoothly.

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments