Credit Market Update February 8, 2013

Five Year Interest Rate Swaps

As rates have risen over the past month, so have swaps up 15bp in January to 102bp from 87bp. They are still near historic lows but that was a significant rise in one month.

Screen shot 2013-02-07 at 7.38.23 PM

Corporate Yields

Corporate yields have risen in both Baa and Aaa corporate debt. Baa paper rose 25 bp to 4.86% while Aaa rose 25 to 3.90%. Rates remain near historic lows, and this rise fits within normal cycles seen during this continued downtrend.

Screen shot 2013-02-07 at 7.47.51 PM

Corporate Spreads

With the exception of 2005, corporate spreads are pushing levels that

You need to be logged in to see this part of the content. Please Login to access.

Archived Posts By Date

Archived Posts By Subject


Opinions are those of the author(s),
and may contain errors and or omissions.
No warranties, either written or,
expressed are implied by this content.
Investment Advice
Content does not constitute investment
advice. Author may not disclose
financial positions in securities.

Get In Touch

Macro Story

Tony Pallotta

Contact via email

Technical Support

This website is designed to support
all browsers. If you have a question
or find an error, please contact us.