U.S. TED Spread

U.S. TED Spread The TED spread (spread between 3-month LIBOR and 3-month Treasury bill) shows that financial conditions are tightening at the fastest pace since the 2008 crisis.

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

High Yield Spread to Worst

High Yield Spread to Worst Is the panic over for high-yield bond investors, as global coronavirus fears intensify? Image: J.P. Morgan

S&P 500 Index vs. U.S. High Yield Bond Spread

S&P 500 Index vs. U.S. High Bond Yield Spread Chart showing the current divergence between U.S. equities and high yield bond spreads, while they are generally correlated. Image: Jeroen Blokland

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