1506 GMT - The U.S. Federal Reserve is expected to resume cutting interest rates in September, which should support global credit assets and keep spreads at tight levels, Payden & Rygel's Timothy Cramer says in a note. Credit spreads are at very tight levels and are unlikely to tighten much further. However, rate cuts should keep them aroundcurrent levels, Cramer says. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
September 04, 2025 11:06 ET (15:06 GMT)
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