
US corporate credit spreads widen as equities market falls

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U.S. corporate credit spreads widened as the stock market fell below key technical indicators. High-yield spreads increased by six basis points, while investment-grade spreads rose to 84 bps. The S&P 500 and Nasdaq closed below their 50-day moving averages, raising concerns about the U.S. economy and AI market bubble. Despite fears, a portfolio manager believes the bond market won't face significant issues.

