CORPORATE DEBT MARKET
STATE OF CORPORATE DEBT MARKET
Debt Outstanding & Issuance: | Outstanding $10.969 trillion ⇧ 3.2% YoY. |
Issuance $1.833 trillion LTM ⇧ 31.4% YoY. |
Corporate Bond Yields: | Aaa bond Yield: 4.74% ⇩ (77) bps YoY |
Baa bond Yield: 5.46% ⇩ (107) bps YoY |
Spread to U.S. Treasuries: | Aaa spread: 100 bps Avg historical spread: 149 bps |
Baa spread: 172 bps Avg historical spread: 252 bps |