European Credit Default Protection Costs Rise After Tariff Threat -- Market Talk
Dow Jones01-19 17:59
0959 GMT - The cost of insuring European credit against default climbs after the U.S. threatened some European nations with tariffs as the U.S. attempts to acquire Greenland. Concerns about trade disputes between the U.S. and the European nations is leading to reduced appetite for risk assets such as corporate bonds and stocks. The iTraxx Europe Crossover index which tracks euro high-yield credit default swaps rises 5 basis points to 248bps, a one-month high, S&P Global Market Intelligence data show. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
January 19, 2026 04:59 ET (09:59 GMT)
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