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credit markets show stability amid modest spread widening expectations
BlackRock's Lynam and BNP Paribas' Robson discussed the current state of corporate credit markets, emphasizing a constructive outlook despite tight spreads. They noted that while modest widening in spreads is expected, strong growth and favorable technicals support a positive environment for credit investments. Global credit spreads have remained stable since the election, trading within a narrow band, with expectations of shallow dips and low but positive returns continuing as yield buyers remain active in the market.
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