September 27, 2022 19:33 GMT
Investment-grade corporate credit risk running near late Tuesday highs after the FI close as bonds reversed early gains, trading near session lows through the second half.
- Investment grade risk measured by Markit's CDXIG5 index is currently +1.292 at 110.997; CDXHY5 high yield index at 94.981 (-1.824).
- Outperforming credit sectors (tighter or least wide): Utilities +7.4, Materials and Industrials both +7.9, Consumer Discretionary +8.0
- Lagging sectors (wider or least narrow): Communications +10.0, Sr Financials +9.6, and Energy +9.2.