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 […]

Investment grade credit spreads moved meaningfully tighter this week as demand for IG credit remained consistently strong through the first month of the year.  The Bloomberg US Corporate Bond Index closed at 115 on Thursday February 3 after having closed the week prior at 119.  10yr Treasury closed the week prior at 3.50% and it […]

Investment grade credit spreads moved tighter this week although the move is not yet fully reflected in the index which can lag at times.  The Bloomberg US Corporate Bond Index closed at 124 on Thursday January 19 after having closed the week prior at the same level.  Credit spreads continued to move tighter late Friday […]

Investment grade credit spreads move tighter throughout the week.  The Bloomberg US Corporate Bond Index closed at 125 on Thursday January 12 after having closed the week prior at 132.  The 10yr Treasury closed the week prior at 3.56% and it is trading at 3.50% as we go to print on Friday afternoon.  Through this […]

Investment grade credit spreads were mostly flat throughout the week without much change.  The Bloomberg US Corporate Bond Index closed at 130 on Thursday December 8 after having closed the week prior at 130.  Treasury volatility moderated this week as rates did not move materially for the first time in several weeks.  The 10yr Treasury […]

Investment grade credit spread performance was mixed throughout the week with spreads set to finish the week slightly wider.  The Bloomberg US Corporate Bond Index closed at 132 on Thursday December 2 after having closed the week prior at 130.  Treasuries continued to exhibit the same type of volatility that we have become accustomed to […]

Investment grade credit spreads were unchanged on the week until the CPI print sent spreads tighter on Thursday morning.  If this “risk-on” trade has legs, then spreads will finish the week in solidly positive territory.  The credit market is closed this Friday in observance of Veteran’s Day but equities will remain open.  The Bloomberg US […]