The report discusses the current state of the US credit market, highlighting stable credit markets despite volatility in equities and rates. It notes a strong issuance period in IG and HY markets, with expectations of a slowdown in April. The macroeconomic picture is weak, with mixed signals from real activity indicators and employment trends. The report suggests a preference for IG over HY due to current spread levels.
doj/DataSet10/EFTA01385941.pdf
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