Low impact

Global credit spreads hit a 17-month high as AI-stock selloffs and geopolitical tensions drove risk-off flows, with Asian high-grade USD bond spreads widening to levels last seen in July and global corporate bond yield premiums jumping to 129 basis points, the largest since May 2025.

Jin1010/23, 10:02 AM

Market impact

Which way this story pushes each asset. An inference from the story, not a measured move.

S&P 500
Pushes down
DaysMedium confidence
Widening credit spreads reflect rising risk aversion, pressuring equity valuations
Gold
Pushes up
DaysMedium confidence
Risk-off flows from wider credit spreads can lift safe-haven demand for Gold

What could change this

If spreads narrow after the Fed's October decision, the risk-off pressure on equities could ease.

7,623.68-0.52%vs previous close

-0.52%

since this story

Measured from the price when this story was posted to the latest stored price, so it can lag the live price.

This story

10/19, 08:30 PMNow