Credit Markets Are Cracking And Goldman Sees "De-Risking Intensifying" From Here

Three weeks ago we asked (and answered), "What Breaks Credit?"

Having ignored every risk-off data point and fearmongering headline for months (if not years), the last week or so has seen a sudden seismic shift in credit markets, with high-yield and investment-grade credit markets surging to their widest spreads since Dec 2023...

credit markets are cracking and goldman sees de risking intensifying from here

Authored by Tyler Durden via ZeroHedge March 31st 2025