Free Trial
USDCAD TECHS

Impulsive Rally Extends

US TSYS

Late Eurodollar/SOFR/Treasury Option Roundup

EURJPY TECHS

Price Is Below The 50-Day EMA

US

Late Corporate Credit Update

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Late Corporate Credit Update: Holding Steady

US

Investment-grade corporate credit risk held near steady late Monday, IG5 drifting in narrow range through the second half as stocks pared modest morning rally.
Currently, SPX eminis trade -8.0 (-0.19%) at 4139.25; DJIA +17.87 (0.05%) at 32824.18; Nasdaq -26.1 (-0.2%) at 12632.75.

  • Investment grade risk measured by Markit's CDXIG5 index +0.245 to 80.871; CDXHY5 high yield index at 101.574 (+0.152).
  • Outperforming credit sectors (tighter or least wide): Energy (+1.0), Consumer Discretionary and Consumer Staples both +1.2 while Industrials climb +1.5.
  • Lagging sectors (wider or least narrow): Senior Financials (+2.2, Materials and Utilities both +1.9, Health Care +1.8.
93 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

Investment-grade corporate credit risk held near steady late Monday, IG5 drifting in narrow range through the second half as stocks pared modest morning rally.
Currently, SPX eminis trade -8.0 (-0.19%) at 4139.25; DJIA +17.87 (0.05%) at 32824.18; Nasdaq -26.1 (-0.2%) at 12632.75.

  • Investment grade risk measured by Markit's CDXIG5 index +0.245 to 80.871; CDXHY5 high yield index at 101.574 (+0.152).
  • Outperforming credit sectors (tighter or least wide): Energy (+1.0), Consumer Discretionary and Consumer Staples both +1.2 while Industrials climb +1.5.
  • Lagging sectors (wider or least narrow): Senior Financials (+2.2, Materials and Utilities both +1.9, Health Care +1.8.