In another sign of credit-market stress, the 90-day rate of change in investment-grade spreads in Asia hit the highest since 2020.
That’s the second-fastest spread widening in at least a decade, behind the pandemic markets’ seize-up of that year https://t.co/gFrBs230K3 pic.twitter.com/nfbsfztXga
— Bloomberg TV (@BloombergTV) May 13, 2022