Corporate bond spreads hit highest since May 2025 as Asia risk-off builds
AI summary
Global corporate bond yield premiums have risen to their highest level since May 2025, according to a Bloomberg index, with the strain spreading across Asian bonds and stocks on Friday. Spreads on higher-rated Asian dollar bonds widened to their widest since last July while major regional stock indexes fell. Traders watch credit spreads as a risk-appetite gauge, and this widening signals investors retreating from corporate risk, a backdrop that historically pressures risk assets including crypto.
