BREXIT EXTENSION GRANTED TIL JANUARY 31, 2020. December election set. FTSE 100 -0.56%, German DAX -0.05%, CAC 40 +0.04%, STOXX Europe 600 -0.36%. The 10-year Gilt was up 0.1 bps.
SOVEREIGN BONDS WERE MIXED TO HIGHER AND STOCK MARKETS ARE HIGHER. (Advantage Data Inc.). Extensive corporate-bond index data showed a net daily grade increment for high-grade versus high-yield constituents. High-
Credit-Default Swap Market
LATEST NEWS: Top moves, sovereign tighteners (5Y): Germany 9.165 bp and Greece 169.64 bp. Sovereign wideners (5Y): Belgium 17.945 bp and Italy 111.10 bp.
OVERALL EUROPEAN CREDIT MARKET:
The euro-zone economy shows signs of negative momentum, weakening credit rating quality, and uncertainty regarding the outcome of Brexit. Closely watched indicators and rates:
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