Investors hold tight amid Chinese slowdown and Nordic affront to Russia
Financial markets are opening the week on a cautious tone, as Chinese economic data weakens the global growth outlook and new Nato applications intensify the stand-off with Russia

Credit rallies ahead of key inflation numbers
Credit markets have made a corrective turn towards tighter spreads after several successive sessions of deterioration, as investors position ahead of this week's key US inflation numbers

Telco provider jumps wider as market downturn extends
The bearishness that reasserted itself in the opening sessions of 2022 has spilled over into a second week, as investors anticipate elevated US inflation numbers that will put the focus back on central bank rate hikes and asset purchase tapering even as covid-19 cases hit new heights

Europcar on the move with Spanish and shareholder support
Europcar Mobility Group is among the biggest movers today in bonds and CDS, after the French car rental company obtained Spanish government support and shareholder Eurozeo confirmed it would take part in a financing plan

Credit breakdown as one-day volatility outstrips financial crisis
Credit default swap markets have surpassed the record one-day volatility of the global financial crisis, with indices surging to new wide prints as the spiralling impact of the coronavirus outbreak brings government lockdowns on travel while wreaking havoc on oil prices and supply chains