Asia Credit Markets Turmoil
This is a China news story, published by Yahoo Finance, that relates primarily to the Markit Itraxx Asia ex-Japan news.
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debt capital marketsReuters
•Business
Business & Economics
Asia credit starts to wobble as market pain spreads

81% Informative
The cost of insuring against corporate and sovereign default higher as recession fears rippled across financial markets.
The five-year credit default swap spread on the Markit Itraxx Asia ex-Japan index rose about 26 basis points to its highest since August last year .
Sovereign spreads for China , Vietnam , Indonesia , Thailand and Malaysia also widened, S&P Global data showed.
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