spreads

South Korea's manufacturing sector activity shrank the most in 11 months in September as new export orders fell sharply, reinforcing fears of a slide back into global recession that are battering financial markets in one of Asia's most vulnerable economies. more...

"I think the German PMI announcement will have an impact on spread widening, because investors will see it as an indication that the world is slowing, Germany is slowing, and in general, risk is increasing," Adrian Schmidt, FX strategist at Lloyds Bank Corporate Markets, told CNBC. more...

European banks are continuing to show signs of strain, making investors increasingly skittish about American financial institutions. The New York Times reports. more...

CNBC's Silvia Wadhwa has the latest details on Europe's growing debt problems. more...