Trading Talk

In our monthly roundup of the factors driving activity in the secondary market, Credit looks at how the EU announcement of support for Greece triggered a brief rally, only for spreads to widen again on the back of poor US consumer data.

Credit traders reached for the travel sickness tablets in February, as the see-saw motion of credit spreads continued. There are two big themes that matter for the credit markets: the outlook for global economic growth and the extent to which Eurozone governments