Credit spreads are at historically tight levels, which puts us off credit bets in fixed income. Munis may have relative value based on relative movements between their yields and Treasuries. It's ...

In recent months, credit spreads have narrowed to levels not seen since before the global financial crisis. These shifts signal a robust stock market and valuations above historical averages—a dual ...

Credit spreads are critical to understanding market sentiment and predicting potential stock market downturns. The “Junk to Treasury bond” spread provides signals of market stress or impending market ...