Euro Credit Default Protection Costs Steady, Focus on U.S. Jobs Data

Dow Jones
3小時前

1102 GMT - The cost of euro credit default swaps is steady as market attention focuses on U.S. non-farm payrolls data due at 1230 GMT. The jobs data will indicate the state of the U.S. labor market and could provide clues on the future path of U.S. interest rates. Markets price in a 50% chance of a U.S. Federal Reserve interest-rate increase in September, LSEG data show. The iTraxx Europe Main index of euro investment-grade CDS is unchanged at 52 basis points, S&P Global Market Intelligence data show.

 

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