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* High Grade Spreads And Yields Were A Few Bps Tighter This Week

Ref * High-grade spreads and yields were a few bps tighter this week Release House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pages

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although US and European high-yield continued to rally strongly. Double-digit spread tightening sent both to new all-time yield lows; now just 5.9% in the US and 6.5% in Europe. The clear outlier this week was EMBIG

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