High yield
Credit Suisse swept the board in the dollar high-yield liquidity survey, taking first place in both categories. Credit Suisse's score in the 'all bonds' category was getting on for double that of the second-placed bank, Citigroup; although it was a closer run affair in the 'own deals' category.
Timothy O'Hara, co-head of leveraged finance at Credit Suisse in New York, says volatility in May and June tested market-makers and some pulled back from the market. Spreads gapped out more severely in
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