Spreads are set to finish the week wider, giving back some of the big move tighter from last week.  The Bloomberg Barclays US Corporate Index closed on Thursday June 11 at 161 after closing the week of June 5 at 146.  The corporate index was a beneficiary of lower Treasuries and the total return for […]

Spreads moved significantly tighter throughout the week.  The Bloomberg Barclays US Corporate Index closed on Thursday May 28 at 175 after closing the week of May 22 at 185.  The corporate index total return for the year through Thursday was +2.54%. The primary market was busy again but volume was lower for the second consecutive […]

Spreads moved significantly tighter throughout the week.  The Bloomberg Barclays US Corporate Index closed on Thursday May 21 at 187 after closing the week of May 15 at 208.  The corporate index total return for the year through Thursday was +2.15%.  The fixed income markets will close early on Friday ahead of the Memorial Day […]

Spreads moved tighter throughout the week.  The Bloomberg Barclays US Corporate Index closed the week of May 15 at an OAS of 208 after closing the prior week at 212.  Through Friday, the index total return for the year was +0.72%. The primary market again remained en fuego as borrowers rushed to stock their coffers […]

Spreads drifted modestly wider throughout the week.  The Bloomberg Barclays US Corporate Index closed the week of May 8 at an OAS of 212 after closing the prior week at 206. Still, we have come a long way from the market wide on the index, which was an OAS of 373 on March 23.  Through […]

Spreads got back on the tightening track this week after finishing the prior week slightly wider.  The Bloomberg Barclays US Corporate Index closed Thursday at an OAS of 202 after closing the prior week at 209. The market was mixed throughout the day on Friday but softer equities weighed on credit spreads pushing them wider […]

The streak of tighter spreads for the past four weeks is in jeopardy.  The Bloomberg Barclays US Corporate Index closed Thursday at an OAS of 208 after closing the prior week at 206. The tone is mixed as we go to print on Friday morning so unless something changes throughout the day it looks unlikely […]

Investment grade credit spreads were tighter for the fourth consecutive week.  The Bloomberg Barclays US Corporate Index closed Thursday at an OAS of 210 after closing the prior week at 233. The tone midway through the day on Friday is mixed but spreads look as though they will finish the day tighter as stocks drift […]

Spreads ripped tighter during the week as risk assets of all stripes performed well on the back of extraordinary support from the Federal Reserve.  The Bloomberg Barclays US Corporate Index closed the holiday shortened week at an OAS of 233, a whopping 50 basis points tighter from the previous Friday close and over the course […]

The investment grade credit markets experienced another week that was largely positive in nature, although spreads are still wide to historical averages.  Bright spots included tighter spreads and higher commodity prices.  The spread on the Bloomberg Barclays US Corporate Index closed Thursday at 279, 16 basis points tighter from the end of the week prior.  […]