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Live Updates  >  Live Update Details

2026-11-03 18:52:25

[Rising Costs of Credit Default Protection in Europe Affect Market Caution] ⑴ The cost of credit default protection in the euro rose due to heightened investor caution ahead of the US midterm elections. ⑵ AJ Bell's Coatesworth stated in a report that concerns about rising oil prices and excessive spending by artificial intelligence companies are also weighing on market sentiment. ⑶ He said this creates an environment where any negative news will hit the market and erode investors' ability to generate positive returns. ⑷ S&P Global Market Intelligence data shows that the iTraxx Europe Crossover Index for high-yield euro credit default swaps rose 2 basis points to 324 basis points.

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