European High-Yield Credit Default Protection Costs Jump -- Market Talk
Dow Jones03-19 19:12
1112 GMT - The cost of default protection for euro high-yield credit rises sharply amid escalation in Middle East tensions and fears about prolonged energy-supply disruptions. Iranian attacks on Qatar's liquefied natural gas plant and other Gulf energy sites caused a surge in oil prices and raised concerns over supply. The iTraxx Europe Crossover index of euro high-yield credit default swaps rises 10 basis points to 309 bps, S&P Global Market Intelligence data show. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
March 19, 2026 07:12 ET (11:12 GMT)
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