Asia Credit Trader Decompression Creates Opportunities in Asia HY； Focus on Rate Cuts， Not on Recession

9 August 2024 | 8:21PM HKT Asia Credit Trader Decompression Creates Opportunities in Asia HY; Focus on Rate Cuts, Not on Recession The path of Asia credit spreads followed the macro markets over the past week, with spreads under pressure at the start of the week, but rebounding later in the week as macro concerns subside. That said, despite the very sharp increase in equity volatility, there were no signs of panic amongst Asia credit investors, and market activity was relatively muted. Upcoming macro data w ...