EconomyUS credit spreads ease on October 2 after widening beyond weakest borrowers
US corporate credit spreads widened from September 25 to October 1, with pressure extending beyond the lowest-rated debt, before all three measures eased on October 2 while remaining above September 25 levels. Higher financing costs could prompt leveraged investors and institutions to cut risk, potentially pressuring Bitcoin, but current Bitcoin selling and its cause remain unestablished.
US credit spreads ease on October 2 after widening beyond weakest borrowers
Economy