Draghi eclipses Sep credit spike but Sen Fin rallies on pain

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Draghi eclipses Sep credit spike but Sen Fin rallies on pain

Draghi July 2015 PA 230x150

European Central Bank president Mario Draghi said on Thursday he was prepared to cut interest rates and ramp up quantitative easing, creating a credit market rally that sent iTraxx Europe and Crossover indices back inside their levels before the end of September spike in volatility.

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