Chart of the Week
We focus on macro and technical data driving markets, so you can focus on the trends that matter the most.
MOST RECENT
Contained contagion?
U.S. high yield credit spreads have widened year to date, reflecting greater investor caution about perceived default risk. The move also raises concerns about possible credit contagion. However, because spread widening has been concentrated in the lowest-quality issuers rather than higher-quality issuers, we don’t anticipate broader market stress.