高盛：亚洲信贷交易员_2025年初值得关注的4件事

3 January 2025 | 10:45PM HKT The Asia credit market began 2025 in similar fashion to the end of last year, as investors continued to search for yield and Asia HY outperformed, though after a strong spread performance in 2024 and with valuation at expensive levels, we believe many are adopting a wait-and-see approach. Trade tariff concerns, worries surrounding the strength of the Chinese economy and lack of fund in"ows are all reasons to pause. We maintain our preference for Asia IG over HY, given their more ...