Investment Grade Weekly

22 Mar 2019

CAM Investment Grade Weekly Insights

CAM Investment Grade Weekly 03/22/2019 The investment grade credit markets closed at YTD tights on Thursday evening, riding a wave of strong sentiment from a surprisingly dovish Fed statement on Wednesday.  The story changed on Friday, however, with a decidedly softer tone fueled by concerns about the lack of growth globally.  Credit is mixed as […]

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15 Mar 2019

CAM Investment Grade Weekly Insights

CAM Investment Grade Weekly 03/15/2019 The investment grade credit markets look to finish the week marginally tighter.  After opening the week at 123, the OAS on the corporate index closed on Thursday at 121, near the YTD low of 120.  The 10yr Treasury is 4 basis points lower on the week as we go to […]

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01 Mar 2019

CAM Investment Grade Weekly Insights

CAM Investment Grade Weekly 03/01/2019 The investment grade credit markets are barreling toward year-to-date tights as the week comes to a close.  The OAS on the corporate index closed at 121 at the end of February, which marks a new low for spreads in 2019.  Risk assets continue to perform well even as Treasuries have […]

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22 Feb 2019

CAM Investment Grade Weekly Insights

CAM Investment Grade Weekly 02/22/2019 The investment grade credit markets look to end the week on a positive tone, but spreads are largely unchanged for the third consecutive week.  The OAS on the index closed at 125 on February 4th and has traded within just a 2 basis point range since then and most of […]

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15 Feb 2019

CAM Investment Grade Weekly Insights

CAM Investment Grade Weekly 02/15/2019 Investment grade spreads tightened modestly throughout the first half of the week before a deluge of new issue supply led the market to take a breather on Thursday.  While the tone is positive on Friday morning, the corporate index looks like it will finished the week relatively close to unchanged. […]

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08 Feb 2019

CAM Investment Grade Weekly Insights

CAM Investment Grade Weekly 02/08/2019 It was a mixed week for Investment Grade Credit. The spread on the Corporate Index marched tighter on Monday and Tuesday before closing wider on both Wednesday and Thursday. The wider close on Wednesday snapped a remarkable streak of 22 straight trading days where the index closed tighter than the […]

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31 Jan 2019

CAM INVESTMENT GRADE WEEKLY INSIGHTS

It was another strong week for IG credit. The OAS on the Bloomberg Barclays Corporate Index opened the week at 147 and tightened to 143 through the close on Thursday evening. The tone remains positive in the market this Friday morning as the 2019 risk rally continues. The OAS on the index finished 2018 at [...]
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07 Dec 2018

CAM INVESTMENT GRADE WEEKLY INSIGHTS

It was another volatile week in the credit markets with wider spreads and lower rates. Through the close on Thursday evening, the Bloomberg Barclays Corporate Index was 8 basis points wider on the week while the 10yr Treasury is 9 basis points lower on the week as we go to print on Friday morning. The [...]
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30 Nov 2018

CAM INVESTMENT GRADE WEEKLY INSIGHTS

Credit markets are struggling to find footing, as the Bloomberg Barclays Corporate Bond Index opened Friday at an OAS of 135 which is the widest level of 2018. Investment grade credit has drifted wider since November 8, when the index closed at an OAS of 113. The move wider in credit over that timeframe has [...]
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09 Nov 2018

CAM Investment Grade Weekly Insights

CAM Investment Grade Weekly 11/09/2018 Credit spreads look to finish the week tighter, as the Bloomberg Barclays Corporate Bond Index opened Friday at an OAS of 114 after starting the week at 117. As we go to print, the 10yr Treasury sits at 3.223%, which is 1 basis point higher relative to its close a […]

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