Investment Grade Weekly

06 Nov 2018

CAM Investment Grade Weekly Insights

CAM Investment Grade Weekly 11/02/2018 It was another week of volatility in risk assets, but the tone improved throughout, and was cemented by an above-consensus monthly employment report on Friday morning. Credit spreads are at 3-month wides as the Bloomberg Barclays Corporate Index sits at an OAS of 119. As we go to print, positive […]

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29 Oct 2018

CAM Investment Grade Weekly Insights

CAM Investment Grade Weekly 10/26/2018 Amid the backdrop of a volatile equity market, corporate credit spreads are meaningfully wider on the week as we go to print, with credit spreads at least 5 wider across the board. On Friday afternoon, the 10yr Treasury stood at 3.08%, which is 11 basis points lower on the week. […]

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01 Oct 2018

CAM Investment Grade Weekly Insights

CAM Investment Grade Weekly 09/28/2018 Corporate credit spreads are largely unchanged on the week. As expected, the Fed increased the Federal Funds Target Rate by 25 basis points on Thursday to an upper bound of 2.25%.¬† This was the third rate hike of 2018 and the 8th increase in the current tightening cycle which began […]

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21 Sep 2018

CAM Investment Grade Weekly Insights

CAM Investment Grade Weekly 09/21/2018 Corporate credit spreads are generically 3 bps tighter on the week and the 10-yr Treasury is 8 bps higher than last weeks close. At 3.08%, the 10-yr is close to retesting year-to-date highs of 3.11%. According to Wells Fargo, IG fund flows decelerated during the week of September 13-September 19 […]

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14 Sep 2018

CAM Investment Grade Weekly Insights

CAM Investment Grade Weekly 09/14/2018 The corporate credit market has had a positive tone this week and the majority of individual credits are at least 3-4 basis points tighter since the week began, while some higher beta credits are close to 10 basis points tighter. Ten year Treasuries are higher on the week and flirting […]

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07 Sep 2018

CAM Investment Grade Weekly Insights

  CAM Investment Grade Weekly 09/07/2018 There was plenty of activity in the credit markets this week as the primary market was active right out of the gate on Monday. Contagion fears related to emerging markets weighed on spreads mid-week, particularly high beta, but by the time Friday afternoon rolled around, the spreads of most […]

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31 Aug 2018

CAM Investment Grade Weekly Insights

CAM Investment Grade Weekly 08/31/2018 As summer winds down, it was another quiet week in the credit markets, and spreads are set to finish the week a touch wider on global trade concerns. According to Wells Fargo, IG fund flows for the week of August 23-August 29 were +$965 million. IG flows are now +$91.421 […]

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24 Aug 2018

CAM Investment Grade Weekly Insights

CAM Investment Grade Weekly 08/24/2018 Investment grade corporate spreads were essentially unchanged in what was a relatively quiet week for the credit markets. According to Wells Fargo, IG fund flows for the week of August 16-August 22 were +$1.9 billion. IG flows are now +$90.456 billion YTD. Per Bloomberg, $8.25 billion of new issuance printed […]

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17 Aug 2018

CAM Investment Grade Weekly Insights

Investment grade corporate spreads drifted wider mid-week before firming on Thursday and into Friday morning. As we go to print, spreads for the corporate index are now unchanged for the week. According to Wells Fargo, IG fund flows for the week of August 9-August 15 were +$910 million. IG flows are now +$88.544 billion YTD. […]

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07 Aug 2018

CAM Investment Grade Weekly Insights

CAM Investment Grade Weekly 08/03/2018 Corporate spreads remained firm this week. The OAS of the corporate index is 1 basis point tighter on the week as we go to print Friday morning. According to Wells Fargo, IG fund flows for the week of July 26-August 1 were +$2.5 billion. IG flows are now +$79.8 billion […]

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