BB vs. BBB Corporate Bond Spread

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

Stock Correlations with Treasury Yields and HY Spreads

Stock Correlations with Treasury Yields and HY Spreads The correlation between stocks and Treasury yields has broken down since the Pfizer/BioNTech vaccine announcement, while the relationship with HY spreads has remained stable. Image: Credit Suisse

Asia/U.S. High Yield Bond Spread

Asia/U.S. High Yield Bond Spread Asian junk bonds look attractive relative to U.S. junk bonds. Image: Morgan Stanley Wealth Management