Search Results for: credit spread

1-Year Implied Volatility vs. IG Spreads Credit spreads are widening and BofA still sees a rates shock this year. Image: BofA Global Investment Strategy

Real Rates – U.S. Agg. Corporate Avg. Option-Adjusted Spread and 10-Year U.S. Real Yield Rising U.S. real rates could lead to wider credit spreads. Image: Morgan Stanley Wealth Management

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

Coronavirus – EM High Yield Spread The coronavirus pandemic has left credit spreads at distressed levels for a number of EM high-yield sovereigns. Image: Goldman Sachs Global Investment Research

High-Yield Option-Adjusted Spread and Banks Reporting Tightening C&L Loan Standards Banks are tightening lending standards amid uncertain economic outlook, while credit spreads have largely normalized. Image: Goldman Sachs Global Investment Research

S&P 500 vs. Investment Grade Spread Will the gap close between the S&P 500 and the IG spread? Image: Credit Suisse

S&P 500 and Investment-Grade Spreads The S&P 500 tends to move together with investment-grade spreads. Image: Credit Suisse Research

U.S. 10-Year/2-Year Yield Spread vs. Fed Funds Target Rate Interesting chart showing the U.S. 10Y-2Y yield curve steepness versus. the Fed funds target rate (inverted). Image: Credit Suisse

Interest Rates for Personal Loans and Credit Cards Diverge Due to the growing spread, many borrowers take out personal loans to pay off credit card debt. Image: Axios

Changes in Financial Conditions Since Trump’s Inauguration The “Trump trade,” as initially advertised, was characterized by expectations of a stronger U.S. dollar, rising equities, higher yields, and narrower credit spreads—the opposite of current market conditions. Image: Deutsche Bank

U.S. High Yield High yield credit spreads are currently moving in the right direction. Image: Fidelity Investments