Credit spreads have risen as tensions between the US and North Korea have flared up. But the increase has been small and they are still low. We think that a downturn in the US economy is a more likely catalyst for a sustained surge in spreads, but do not forecast this before 2019.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services