0857 GMT - The cost of insuring euro credit against default is steady as markets await the European Central Bank rate decision due at 1215 GMT. Traders price in a 99% chance of the ECB increasing the deposit rate to 2.50% on Thursday, LSEG data show. The iTraxx Europe Crossover index of euro high yield credit default swaps is unchanged at 255 basis points, S&P Global Market Intelligence data show.
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