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OverviewAPI
Man Group's Danilo Rippa comments on the volatility in sub-investment grade credit in Europe, pointing out the decline in the EUR CCC Index. Distressed companies such as Ardagh Group, Altice, and Intrum experienced bond devaluation from escalating interest rates in a highly indebted environment. The discussion raises concerns about whether the recent instability in the credit market signifies a temporary fluctuation or hints at underlying systemic challenges.

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