Spreads gap wider with UK inflation adding to cocktail of concerns
Evidence of financial markets hitting a resistance point after three weeks of improvement is growing, with Monday’s bearish shift extending over into early trading Tuesday

China contagion fears linger as Huarong rebounds
China Huarong Asset Manager, the state-owned bad debt manager, is back on a path to improvement after shocking markets by delaying its annual report. But questions remain over the extent of government support and the ripple effects to the wider credit market

Tale of two leaders as Brazil and Italy go separate ways
The intervention of governments has been a prominent factor in financial market performance during the coronavirus pandemic. But Italy and Brazil have provided stark examples of how individual leaders can drive credit performance sharply in opposite directions