U.S. High Yield Corporate Bond Spreads While tight high-yield credit spreads often indicate strong market confidence, they can also be a warning sign of excessive investor complacency. Given this dual nature, it’s crucial for investors to monitor credit spreads closely. Image: Topdown Charts
U.S. Corporate Bond Spreads U.S. corporate bond spreads are currently at historically tight levels, suggesting potential bubble-like conditions. While a major correction is not guaranteed, several factors indicate rising risks in the first half of 2025. Image: Alpine Macro
Spread Between BBB-Rated Corporate Bond Yield and 90-Day U.S. Treasury Bill Yield The recent increase in the spread between IG credit yield and cash yield marks a significant shift from a 43-year low. Should investors favor U.S. Treasury bills over IG bonds? Image: BofA Global Investment Strategy
U.S. Investement Grade Corporate Bond Spreads Will U.S. Investment Grade corporate bond spreads remain unchanged for an extended period? Image: BofA Global Investment Strategy
Return – U.S. Corporate Bonds Corporate bonds have produced low annualized returns over the past 10 years. Image: BofA Global Investment Strategy
BB vs. BBB Corporate Bond Spread The relative spread between BB and BBB corporate bonds remains stable, which is good news. Image: Morgan Stanley Wealth Management
U.S. Corporate Bonds vs. Commodities (Log Total Returns) Will commodities continue to outperform U.S. corporate bonds in a high inflation environment? Image: BofA Global Investment Strategy
Dividend Aristocrats vs. High-Yield Corporate Bonds Should investors favor dividend aristocrats over high-yield corporate bonds? Image: Alpine Macro
Largest Global Corporate Bond Defaults Evergrande could be the largest global corporate bond default this year. Image: Deutsche Bank
Dow Jones Real Corporate Bond Yield The real yield on IG corporate bonds is now at its lowest since 1980. Image: BofA Global Investment Strategy
Total Return – U.S. Equities vs. U.S. Corporate Bonds Should investors favor investment grade corporate bonds over U.S. stocks? Image: BofA Global Investment Strategy