Asian stocks limped toward a fourth straight weekly decline on Friday and bonds nursed big losses as investors scrambled to catch up with the U.S. Federal Reserve’s interest rate outlook, while currency markets were on edge at the end of a wild week.
US corporate bond spreads hit widest in about 6 months on recession fears
The widening yield spreads between corporate bonds and U.S. Treasuries signal growing investor concerns over a potential recession and a global trade war.
March 13, 2025