UBS: Nvidia's disappointing performance guidance is unlikely to have an impact on the euro credit market.

Gate.io analyst at Yu Xin Bank said in a report on November 21 that the recent expansion of investment-grade credit spreads in euro terms seems to be somewhat excessive and may now be starting to stabilize. They said, ‘We expect the corresponding credit risk premium to consolidate near current levels.’ Yu Xin Bank also stated that Nvidia’s better-than-expected profitability and disappointing performance guidance are unlikely to have an impact on the euro credit market.