Not exact matches
Meanwhile, the
spread between riskier «junk»
corporate bonds and «risk - free» U.S. Treasurys has dropped
since the election even though interest rates generally are rising.
While volatility appears to be back, high - grade
corporate bond spreads have tightened to levels not seen
since 2007.
Spreads between
corporate bond yields and swap rates, which are a measure of the market's credit risk perceptions, have fallen slightly
since the previous Statement (Graph 43).
Spreads of the S&P Eurozone Investment Grade
Corporate Bond Index by rating category show that
since mid-February 2016, the Option Adjusted
Spreads (OAS) are significantly tighter for the AA, A, and BBB categories.
Further, though
spreads for GM and GMAC are not at historically tight levels,
spreads in the
corporate bond market are at levels not seen
since 1997.
While volatility appears to be back, high - grade
corporate bond spreads have tightened to levels not seen
since 2007.
Since the financial crisis, investment grade
corporate bond indexes have reached record highs, 1 and credit
spreads have tightened significantly,» said Michael L. Sapir, Chairman and CEO of ProShare Advisors LLC, ProShares» investment advisor.