Meanwhile, bid - ask spreads in
major corporate bond markets have narrowed sharply in recent years, but remain somewhat wider than the levels observed immediately before the global financial crisis (Graph 2, right - hand panel).
Not exact matches
The
major bond market segment that most investors concentrate on is the high - quality sector: U.S. government
bonds, high - grade
corporate bonds and high - grade municipals.
The yield on the 10 - year Treasury
bond climbed above 3 % for the first time since 2014, but of greater concern to many
market participants were remarks in
major corporate earnings reports suggesting that business conditions had likely hit their peak and were poised to deteriorate going forward.
While the low level of credit spreads in Australia (and in other
major bond markets) largely reflects favourable trading conditions for
corporates, there is evidence that the search for yield has been a contributing factor.
Major equity
markets have risen further, and appetite for risk has increased, with spreads on
corporate and emerging
market bonds falling to levels not seen for several years.
We also compared the five - year annualized volatilities of the S&P Pan Asia
Bond Index (denominated in USD) with other major bond markets, such as the U.S. treasury, U.S. investment grade corporate, U.S. high yield corporate, Eurozone sovereign and Australian bond markets, see the exhibit be
Bond Index (denominated in USD) with other
major bond markets, such as the U.S. treasury, U.S. investment grade corporate, U.S. high yield corporate, Eurozone sovereign and Australian bond markets, see the exhibit be
bond markets, such as the U.S. treasury, U.S. investment grade
corporate, U.S. high yield
corporate, Eurozone sovereign and Australian
bond markets, see the exhibit be
bond markets, see the exhibit below.