Free Trial

Corporate Credit Update

US

Off midmorning lows - Investment-grade corporate credit risk currently extending modest session highs with equities reversing early support to mildly weaker levels in the second half.

  • Investment grade risk measured by Markit's CDXIG5 index is currently +0.539 at 96.947; CDXHY5 high yield index at 97.810 (-.091).
  • Outperforming credit sectors (tighter or least wide): Communications (-2.3), Energy (-2.2) and subordinated Financials (-2.0)
  • Lagging sectors (wider or least narrow): Materials (-1.1), Sr Financials (-1.3) followed by Utilities (-1.4)

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.