Asian Junk Bonds Underperform as Iran War Exposes Oil Dependence


Average yield premiums on junk-rated dollar notes from Asian issuers, including corporates and governments, widened 16 basis points so far this week, a Bloomberg index shows, and were little changed Friday. That compares with a decline in spreads on comparable debt from issuers in a global index and from the US, a net exporter of gas and petroleum. 



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