Euro Credit Default Swap Costs Rise 3 Basis Points on AI Valuation Concerns

According to S&P Global Market Intelligence data, euro-denominated credit default swap costs rose on June 23 as concerns over artificial intelligence company valuations weighed on market sentiment. The iTraxx Europe Crossover index, which tracks high-yield credit default swaps, climbed 3 basis points to 250 basis points.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments