The ICE/BofA U.S. High Yield Index Option-Adjusted Spread (OAS), a key indicator of economic sentiment and corporate credit health, has receded from recent highs, supporting renewed risk-taking in ...
The ICE BofA US High Yield Index rose 0.16% in the fourth quarter, with the option-adjusted spread tightening 11 basis points, finishing the period at 292 basis points. In the fourth quarter, the US ...
Credit spreads on so-called “junk bonds” may appear slim compared to historical averages. But that says more about the ...
Today’s credit markets look deceptively dull: while average spreads are tight, dispersion across issuers is unusually wide. Currently, we see the range of likely economic outcomes narrowing globally ...