Investment grade credit spreads continued to inch tighter this week.  The Bloomberg US Corporate Bond Index closed at 130 on Thursday June 22 after having closed the week prior at 131.  This is the tightest level for the index in over three months.  The investment grade credit market is flat amid muted volume this Friday […]

Investment grade credit spreads experienced a steady grind tighter this week.  The Bloomberg US Corporate Bond Index closed at 133 on Thursday June 15 after having closed the week prior at 138.  The investment grade credit market is feeling good vibes again as we go to print this Friday morning.  Equity futures too are in […]

Investment grade credit spreads drifted wider through the first half of the week and into Wednesday’s close on the back of new issue supply.  Spreads then snapped tighter Thursday afternoon on the hope that there could be a near term resolution to the debt ceiling.  After the move tighter, spreads were unchanged on the week […]

Investment grade credit spreads moved wider throughout the week. The Bloomberg US Corporate Bond Index closed at 148 on Thursday May 4 after having closed the week prior at 136.  The 10yr Treasury yield was only a few basis points higher this week after having closed last Friday at 3.42%.  Through Thursday, the Corporate Index […]

Investment grade credit spreads were mostly unchanged for the second consecutive week with the spread on the index just slightly wider from where it started the week. The Bloomberg US Corporate Bond Index closed at 135 on Thursday April 27 after having closed the week prior at 133.  The 10yr Treasury yield trended lower throughout […]

Investment grade credit spreads drifted sideways this week and if that trend holds then it looks likely that the index will finish the week unchanged.  The Bloomberg US Corporate Bond Index closed at 134 on Thursday April 20 after having closed the week prior at 134.  The 10yr Treasury traded in a narrow range this […]

Investment grade credit spreads will likely finish the week tighter.  The Bloomberg US Corporate Bond Index closed at 137 on Thursday April 13 after having closed the week prior at 141.  The 10yr Treasury is trading at 3.51% as we go to print which is 20 basis points higher than the YTD low at the […]

Investment grade credit spreads will finish the week wider amid an extremely volatile tape.  The Bloomberg US Corporate Bond Index closed at 143 on Thursday March 16 after having closed the week prior at 136.  The 10yr Treasury is wrapped around 3.46% as we go to print which is 23 basis points lower than where […]

Investment grade credit spreads are set to finish the week tighter amid a strong market tone this Friday morning.  The fact that spreads moved tighter this week is an impressive feat amid higher Treasury yields and an extremely active primary market.  The Bloomberg US Corporate Bond Index closed at 122 on Thursday March 2 after […]

Investment grade credit spreads look set to finish the week marginally wider.  The Bloomberg US Corporate Bond Index closed at 119 on Thursday February 16 after having closed the week prior at 118.  The 10yr Treasury moved meaningfully higher this week as the market has begun to anticipate a more hawkish monetary policy stance from […]