US DATA: Q3 IACPM Credit Default Outlook Index…….
US DATA: Q3 IACPM Credit Default Outlook Index -34.6 vs -26.0 in Q2 but outlook
for credit spreads improved from -29.0 at the end of June to -5.6. Sentiment
improved for investment grade debt and in North America but also and for high
yield debt and even in Europe. Respondents mentioned flood of CB liquidity.