Morgan Stanley: At this stage, there is no other choice for the market but to wait and see.

Jin10 data reported on March 26 that due to investors maintaining a cautious attitude as the April 2 tariff deadline approaches in the United States, the cost of using credit default swaps to insure against euro credit defaults remains stable. Analysts at Morgan Stanley's research department stated in a report: "Investors will still focus on the direction of U.S. tariff policies before April 2, but at this stage, we believe there is no alternative but to wait and see." Data from S&P Global Market Intelligence shows that the iTraxx Europe main index, which tracks euro investment-grade credit default swaps, remains unchanged at 58 basis points.

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