European credit default swap spreads edged wider on Friday, mirroring a weaker tone across equity markets. By 1518 GMT, the investment-grade Markit iTraxx Europe index was at 86.25 basis points, according to data from Markit, 3.25 basis points wider versus late on Thursday. The Markit iTraxx Crossover index, made up of 50 mostly "junk"-rated credits, was at 577 basis points, 8 basis point wider.