Middle East unrest raises risk of credit market volatility

With anti-establishment protests sweeping across the borders of Middle Eastern countries, the financial markets are holding their breath in anticipation of the final outcome

Saudi police on March 11’s ‘day of rage’: The spread of unrest to Saudi Arabia could hit oil prices

As protestors take to the streets throughout the Middle East and North Africa, credit market participants are watching with caution. While the impact to date on the bond market has been relatively minor, further contagion into countries such as Bahrain and Saudi Arabia could have far more severe consequences for investors.

The risk of disruption to financial markets has already mounted as political upheaval has progressed through Tunisia, Egypt and Libya. As a result, reports of protests among