Accessible version European Morning Credit Today in European Credit Follow The Flow: Multi-year yield highs and subdued rates volatility continue to support demand for fixed income. Strong inflows persist across HY, IG, sovereign and EM debt. Higher "risk-free" yields favour government bonds as tight spreads reduce credit's relative appeal. See Bonds lead the way for more details. (IA) Financials Grenke (GLJGR): We note the comments from S&P on Grenke's loss rates which were published on Friday evening and ...