Goldman Sachs: European credit assets ignore geopolitical risks and show relatively stable performance.

Goldman Sachs strategists pointed out in a report that this week, Euro-denominated credit assets have been relatively stable and unaffected by the geopolitical tension between the United States and Europe over the issue of Greenland sovereignty. They stated that credit spreads for Euro investment-grade and high-yield bonds in the secondary market remain near historic lows. With President Trump toning down his comments about buying Greenland on Thursday and withdrawing tariff threats against Europe, global markets have calmed down.