Investment Grade Weekly
CAM Investment Grade Weekly Insights
It was an ugly week for risk assets. The OAS on the Bloomberg US Corporate Bond Index closed the week of April 29th at 135 after having closed the week prior at 132. The month of April is one that investors would like to forget; it was historically bad for credit and stocks were down […]
CAM Investment Grade Weekly Insights
Spreads drifted wider throughout the week and the tape is weak on Friday afternoon for credit and equites as we go to print. The OAS on the Bloomberg US Corporate Bond Index closed at 128 on Thursday, April 21, after having closed the week prior at 121. On Thursday, Federal Reserve Chairman Jerome Powell delivered […]
CAM Investment Grade Weekly Insights
The trend of wider spreads was broken in a big way this week as credit is poised to finish the week meaningfully tighter. The OAS on the Bloomberg US Corporate Bond Index closed at 127 on Thursday, March 17, after having closed the week prior at 143. Spreads hit their widest levels of the year […]
CAM Investment Grade Weekly Insights
Spreads are wider week over week in what seems to have become a recurring theme. The tone of the market is mixed as we go to print this Friday afternoon but market participants remain wary of risk. Geopolitical turmoil in Europe remains at the forefront but there have been other challenges and there are more […]
CAM Investment Grade Weekly Insights
For the second consecutive week, spreads will finish a Thursday evening at the widest levels of the year. The tone of the market is also feeling heavy this Friday morning as we got to print amid geopolitical fallout from Europe. The prospect of a nuclear incident at a Ukrainian facility is not something the markets […]
CAM Investment Grade Weekly Insights
Spreads finished Thursday of this week at their widest levels of the year but there has been a significant retracement through Friday morning. The first half of the trading day on Thursday was extraordinarily weak with poor performance for risk assets as investors digested the news out of Europe before equities and credit staged a […]
CAM Investment Grade Weekly Insights
Spreads will finish the week tighter, reclaiming some ground after having experienced headwinds in the week prior which saw the index close two days at 101 –its widest level of 2021. The OAS on the Bloomberg US Corporate Bond Index closed at 96 on Thursday, December 9, after having closed the week prior at 100. […]
CAM Investment Grade Weekly Insights
Spreads inched tighter throughout the week. The OAS on the Blomberg Barclays Corporate Index closed at 86 on Friday, November 5, after having closed the week prior at 88. On Wednesday, in a move that was widely anticipated, the Federal Reserve proceeded with the implementation of its plan to gradually taper the pace of asset […]
CAM Investment Grade Weekly Insights
Spreads look to finish the week unchanged as Treasury yields inch higher. The OAS on the Blomberg Barclays Corporate Index closed at 85 on Thursday October 7 after having closed the week prior at 84 but the market is trading tighter as we go to print mid-morning on Friday October 8. Treasury yields have moved […]
CAM Investment Grade Weekly Insights
Spreads are set to finish the week tighter, reclaiming the move wider that occurred the week prior. The OAS on the Blomberg Barclays Corporate Index closed Thursday August 26 at a spread of 88 after having closed last week at 91 –spreads are relatively unchanged as we go to print on Friday afternoon. The yield […]