0853 GMT - The cost of default protection for U.S. dollar investment-grade credit stays steady as market sentiment improves. Falling oil prices have calmed concerns about inflation and contributed to improved risk sentiment. In addition, optimism around the U.S.-China talks has boosted tech sector assets. The CDX North America IG index for dollar investment-grade credit default swaps is steady at 51 basis points, S&P Global Market Intelligence data show.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.