Dutch Bank: Tariff concerns may severely impact credit assets

March 3rd, Jinshi Data, the Netherlands Bank stated in a report that US tariffs may weaken global economic performance and potentially harm the performance of corporate bonds. The Interest Spread of credit has reached nearly the lowest level on record, so there is almost no further room for improvement, making credit assets vulnerable to dumping. They stated: “A more negative tariff scenario could trigger a global economic downturn, severely impacting credit (assets).” The Netherlands Bank stated that the risk-return balance has dropped the attractiveness of credit assets.