LBO fear trumps political jitters in CDS market

The news wires are full of headlines about Trump, trade wars and Brexit. A mercantilist US and a UK government clinging on by its fingertips are not conducive to positive market sentiment. Yet spreads appear unaffected by the political chaos, tightening rather than widening.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: