Core Viewpoint - The Federal Reserve's decision to lower interest rates by 0.25 percentage points has positively influenced market sentiment, leading to a decrease in the cost of credit default swaps for euro-denominated debt [1] Group 1: Market Impact - The Fed's rate cut is driving an increase in global investment appetite for risk assets [1] - The European cross credit default swap index, which measures the credit risk of euro high-yield bonds, fell by 3 basis points to 248 basis points [1]