Investment Grade Weekly
CAM Investment Grade Weekly Insights
Credit spreads drifted wider this week while major equity indices posted their 7th consecutive week of losses. The OAS on the Bloomberg US Corporate Bond Index closed Friday, the 20th of May at 149 after having closed the week prior at 141. This marked the widest close for the index in 2022. The 10yr Treasury […]
CAM Investment Grade Weekly Insights
It was another volatile week for risk assets, especially equities. The OAS on the Bloomberg US Corporate Bond Index closed Thursday, the 12th of May at 141 after having closed the week prior at 134. The 10yr Treasury closed the previous week at 3.13% and it is trading at 2.91% as we go to print […]
CAM Investment Grade Weekly Insights
One word can aptly describe this week: volatile. The OAS on the Bloomberg US Corporate Bond Index closed Thursday, the 5th of May at 134 after having closed the week prior at 135. Although the spread on the index was slightly tighter the performance effect was offset by higher Treasury yields. The 10yr Treasury closed […]
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. […]