Spreads barely budged during the week.  The OAS on the Blomberg Barclays Corporate Index closed Thursday at 88, which was unchanged from the week prior.  Spreads remain near their tightest levels of the year across the board.  The biggest surprise this week was the payroll data that was released this Friday morning.  According to Bloomberg, […]

Spreads inched marginally tighter throughout the week.  The OAS on the Blomberg Barclays Corporate Index closed Thursday at 88 after closing the week prior at 90.  Spreads are near their tightest levels of the year across the board.  First quarter earnings season is in full swing now and Thursday was the busiest day yet, with […]

Spreads exhibited little movement this week and the spread on the index looks likely to finish unchanged after it is all said and done.  The OAS on the Blomberg Barclays Corporate Index closed Thursday at 89 after closing the week prior at 89.  Spreads are very near their year-to-date tights across the board.  Treasury yields […]

Spreads regained some ground this week and are looking to finish several basis points tighter.  The OAS on the Blomberg Barclays Corporate Index closed Thursday at 96 after closing the week prior at 98.  Treasuries were unusually volatile again, with the 10yr having a range of over 10 basis points during the week.  The FOMC […]

Spreads will finish the week comfortably wide of the year-to-date tights that we saw 2 weeks ago.  It was a volatile week for rates and spreads and the OAS on the Bloomberg Barclays Corporate Index closed at 92 on Thursday evening after ending the week prior at 90.  Treasuries were relatively calm the first two […]

Spreads continued their slow burn this week, gradually inching tighter.  The OAS on the Bloomberg Barclays Corporate Index closed at 88 on Thursday evening after ending the week prior at 92.  Treasuries are at their highest levels of the year for the second consecutive week.  The 10yr Treasury closed last week at 1.21% and it […]

Spreads initially ripped tighter on Monday of this week before giving back some gains, but it looks like the index will still end the week tighter, or at worst, unchanged.  The OAS on the Bloomberg Barclays Corporate Index closed at 92 on Thursday evening after ending the week prior at 93.  Treasuries are at their […]

Price action in the corporate bond market this week would best be described as “grabby” with spreads consistently grinding tighter throughout the week. Spreads were wider the week before last but they have since reclaimed that ground that was given up. The Bloomberg Barclays US Corporate Index closed on Thursday February 4 at 94 after […]

Spreads are looking likely to finish the holiday shortened week with little change.  The Bloomberg Barclays US Corporate Index closed on Thursday January 21 at 94 after closing the week prior at 94.  Treasuries have hardly moved this week and are currently less than 2 basis points lower since last Friday.  Through Thursday, the corporate […]

Spreads will finish the week unchanged after a minor bout of mid-week volatility that pushed spreads wider for a day.  Through the Thursday close, the OAS on the Bloomberg Barclays Corporate Index was 96, which is the same level that it closed to end 2020.  Treasury rates stole the headlines from spreads this week and […]