Free Trial

Late Corporate Credit Update

US

Investment grade corporate credit risk held mildly higher levels in late trade - off lows as stocks trade weaker.

  • Investment grade risk measured Markit's CDXIG5 index is currently +1.154 at 84.097 vs. 83.401 low; CDXHY5 high yield index 100.147 (-0.316).
  • Outperforming credit sectors (tighter or least wide): Subordinated Financials (-2.9), Sr Financials (-2.5), Consumer Discretionary (-2.2).
  • Lagging sectors (wider or least narrow): Energy (-0.5), Consumer Staples (-1.5) and Industrials (-1.6).

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.