23 Nov 2023

Record-Low Volatility in the US Credit Market! πŸ“‰πŸŒ

Amidst ongoing rate volatility (MOVE index) showing a persistent high, albeit with a decreasing trend over the past two months, the volatility in credit markets has taken a different turn. Currently, volatility in US Investment Grade (IG) corporate bonds has reached levels not seen since 2021, hovering close to record lows. Additionally, the volatility in US High Yield (HY) has experienced a significant drop in the past month. With low volatility and tight credit spreads, the question arises: Is there still room to extract excess returns from the US credit market in 2024? πŸ€” Source: Bloomberg #CreditMarkets #Volatility #FinanceInsights

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