Euro-denominated high-yield credit default protection costs rose as market sentiment weakened amid concerns about the technology sector.
According to Jin10, S&P Global Market Intelligence data showed the iTraxx Europe Crossover index for euro high-yield credit default swaps rose 1 basis point to 248 basis points.
The market has been concerned that elevated memory chip prices could hurt technology companies’ profitability.
Euro High-Yield CDS Costs Rise as Tech Concerns Weigh on Sentiment
2026-06-26 17:13:35
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