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 […]

Investment grade credit spreads look as though they will finish the week slightly tighter.  The Bloomberg US Corporate Bond Index closed at 155 on Thursday November 3 after having closed the week prior at 158.  Treasury yields moved higher during the week.  The 10yr Treasury closed last Friday evening at 4.01% and it is trading […]

Investment grade credit spreads will likely finish the week tighter.  The Bloomberg US Corporate Bond Index closed at 161 on Thursday October 27 after having closed the week prior at 164.  Treasury yields drifted lower throughout the week.  The 10yr Treasury closed last Friday evening at 4.22% and it is trading at 3.99% as we […]

Investment grade credit spreads were unchanged for most of the week but the market has been drifting wider Friday morning so the index may finish 1-2 basis points wider by the time the sun has set on the week.  IG credit led the way this week having substantially outperformed other risk assets on a spread […]

Investment grade credit spreads were pushed wider to start the week after a deluge of new issue supply on Tuesday.  By mid-Wednesday morning spreads were trending tighter after investors had a chance to digest issuance and now this Friday morning it is clear that the market is set to finish the week better than last […]