High yield outperformance to bring compression trade back into play: Citi
High yield underperformance versus investment grade is expected to reverse following the US presidential election, according to a strategy note from Citi. The bank’s strategists have been advocating compression trades since July and feel that there is more room for this to run citing election trends, exposure to coronavirus credits, expected default rates and credit ratings

Citi introduces daily pricing for model bespokes portfolio
Citi has begun providing daily pricing for its unique Bravo bespoke portfolio, according to documents seen by Creditflux.