Sentences with phrase «at tight credit spreads»

Of note, the new Chinese muni bonds were priced tight at issuance and they continue to trade at tight credit spreads above the sovereign bond yields.

Not exact matches

But with the Fed looking at more rate hikes and credit spreads already near their tightest levels of the cycle, it's tough to see how liquidity would become much more loose than it was two months ago.

By looking at how the credit spread for a category of bonds is changing, you can get an idea of how «cheap» (wide credit spread) or «expensive» (tight credit spread) the market for those bonds is related to historical credit spreads.

As you can see the credit spread for JCPenney Bonds at 769 basis points is much «wider» than the spread for Exxon Mobile bonds at 119 basis points (a much «tighter» or «narrow» spread than JCPenny).

U.S. high - yield bond spreads are 34 basis points, or hundredths of a percentage point, tighter; cover spreads are 21 basis points tighter, and emerging - market credit excess returns are at 3.6 %.

At the same time, we are neutral on U.S. credit amid tight spreads and increasing sensitivity to rate rises, and prefer up - in - quality exposures.

At market tops, typically credit spreads are tight, but they have been tight for several years, while seemingly cheap leverage builds up.

Reaching for yield always has risks, but the penalties are most intense at the top of the cycle, when credit spreads are tight, and the Fed's loosening cycle is nearing its end.

Although at tight valuations, credit and mortgage - backed securities provide a yield spread over Treasuries that can add meaningful additional income over time.

Regardless, there are many catalysts: a tight labor market, wage growth picking up, a stock market at or near record highs, housing values rising quickly, high commercial real estate prices, low cap rates and narrow credit spreads.