1506 GMT - Euro investment-grade corporate bonds look attractive even with the risk of tariffs on eurozone exports to the U.S., J.P. Morgan analysts say in a note. European corporate balance sheets remain solid and demand for euro credit is strong, they say. "The [tariffs'] impact on euro credit is also mitigated by ECB policies, which play a crucial role in market dynamics," the analysts say. Euro high-yield credit, nonetheless, could be adversely affected by the trade shocks, weaker growth and geopolitical tensions, they say. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
November 12, 2024 10:06 ET (15:06 GMT)
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