Credit Spreads on High-Quality U.S. Corporates

Credit Spreads on High-Quality U.S. Corporates Credit spreads on high-quality U.S. corporates are widening and are flashing a warning sign for markets. Image: Gavekal, Macrobond

U.S. Credit Card Delinquency Rates (Debt)

U.S. Credit Card Delinquency Rates (Debt) This chart suggests that the U.S. banking system is divided in two groups: small banks accept high credit risks, while large banks reject high credit risks. Image: Wolf Street Corp.

U.S. Consumer Credit

U.S. Consumer Credit The current downtrend in US consumer credit impulse could suggest a scenario of slowing growth this year. Image: Macrobond Financial

High Yield Credit Returns

High-Yield Credit Returns A good year for high-yield credit returns, but Moody’s has warned that high-yield bonds appear to be expensive relative to fundamentals. Image: Financial Times

Reserve Bank Credit, Treasury Securities and MBS

Reserve Bank Credit, Treasury Securities and MBS This chart shows how Reserve Bank credit has increased, as the Fed has continued to add treasury securities to its balance sheet. Image: Wells Fargo Investment Institute

Average Valuation Percentile: Equity, Bond, Credit

Average Valuation Percentile: Equity, Bond, Credit Chart suggesting that credit and equities look expensive, while bonds are the most expensive. Image: Goldman Sachs Global Investment Research

U.S. High Yield Credit Spreads and Recessions

U.S. High Yield Credit Spreads and Recessions Chart suggesting that there is little recession fear baked into U.S. high yield credit spreads at the moment. Image: J.P. Morgan

U.S. and Euro Area Composition of Corporate Credit

U.S. and Euro Area Composition of Corporate Credit Great chart showing that the U.S. is a market-based financial system, while the Euro Area is a bank-based system with 80% of bank loans. Image: Deutsche Bank Global Research