Credit Markets Are Breaking: Is This the Start of Another Financial Crisis?

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After credit spreads had narrowed to near historic lows last month, they've made a major move off them. In fact, the rise in spreads has already equaled last summer. But this year's credit selloff has begun to spread to other segments of the marketplace, including sharp price changes in risky assets like leveraged loans and even private equity. And there is a small hint of yen.

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