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imageNEW YORK: US credit spreads widened sharply Friday after Britain voted to leave the European Union.

The investment-grade credit derivative index widened 10.5bp to 86.85bp, while the high-yield index fell 1.84 points to 101.45.

US stock futures were also sharply lower, with the Dow set to open more than 550 points down.

Copyright Reuters, 2016

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