Due to uncertainties surrounding trade tariffs and concerns about their impact on the economy, the high-yield credit spread in the USA widened by 30 basis points last week. An Analyst from Deutsche Bank's research department stated in a report that this is the largest widening of the spread since last summer. Analysts noted that risk aversion sentiment spread to European stock markets, with the Europe Stoxx 600 Index falling by a total of 1.22% last week, marking the largest weekly decline so far in 2025.