US Chaos Helps to Pull China Debt Out of Doldrums: Credit Weekly

US market turmoil triggered by tariffs and a slowing economic outlook is boosting the appeal of Chinese corporate debt that less than six months ago was considered uninvestable by some credit managers.

“There’s been a lot more focus on China,” Winnie Cisar, global head of strategy at CreditSights, said on the Credit Edge podcast this week. “The US seems to be sneezing an awful lot lately and the rest of the world is saying: Well how do we mask up and try to defend ourselves against this?”

US high-yield credit markets led the world in performance in the ...