Credit Archive

US credit default insurance

[Skip to the end] Just heard 10 year US credit default swaps are at 35 basis points. The Fed needs to sell this in unlimited quantities and drive the price to near 0 to help restore and normalize liquidity. [top] ...Read More

2008-09-22 Weekly Credit Graph Packet

[Skip to the end]   As this goes down, the value of AIG (and probably Lehman) goes up. IG On-the-Run Spreads (Released 5:02 EST) IG6 Spreads (Released 5:02 EST) IG7 Spreads (Released 5:02 EST) IG8 Spreads (Released 5:02 EST) IG9 Spreads (Released 5:02 EST) IG On-the-Run Spreads (Sep 22) [top][end] IG6 Spreads ...Read More

2008-09-08 Weekly Credit Graph Packet

[Skip to the end] Should resume narrowing from here. IG On-the-run Spreads (Released 5:02 EST) IG6 Spreads (Released 5:02 EST) IG7 Spreads (Released 5:02 EST) IG8 Spreads (Released 5:02 EST) IG9 Spreads (Released 5:02 EST) IG On-the-run Spreads (Aug 8) [top][end] IG6 Spreads (Aug 8) [top][end] IG7 Spreads (Aug 8) [top][end] IG8 ...Read More

2008-09-01 Weekly Credit Graph Packet

[Skip to the end] Seems these spreads relate directly to the equity markets, which are simply that last step down in the capitalization. I’ll be looking to see if the equity markets can rally much without these spreads tightening as well. IG On-the-run Spreads (Released 5:02 EST) IG6 Spreads (Released 5:02 EST) ...Read More

2008-08-11 Weekly Credit Graph Packet

[Skip to the end] IG On-the-run Spreads (Released 5:06 EST) IG6 Spreads (Released 5:06 EST) IG7 Spreads (Released 5:06 EST) IG8 Spreads (Released 5:06 EST) IG9 Spreads (Released 5:06 EST) IG On-the-run Spreads (Aug 11) [top][end] IG6 Spreads (Aug 11) [top][end] IG7 Spreads (Aug 11) [top][end] IG8 Spreads (Aug 11) [top][end] IG9 ...Read More

( Commercial Paper + C&I ) * Outstanding

[Skip to the end] Summation of Commercial Paper Outstanding AND Combined Commercial and Industrial Loans Outstanding Combined commercial and industrial loans and commercial paper show a leveling off after the initial drop. Back in mid 2006, I remember commenting that I thought the government deficit was no longer high enough (given everything ...Read More

2008-07-21 Weekly Credit Graph Packet

[Skip to the end] Looks and feels like spreads will be generally narrowing for a considerable period of time. Bank earnings are better than expected with revenues growing nicely. GDP, income, and spending being sustained by a growing government budget deficit, exports, and housing leveling off and no longer subtracting from growth. ...Read More

2008-07-07 Weekly Credit Graph Packet

[Skip to the end] IG On-the-run Spreads (Released 5:41 EST) IG6 Spreads (Released 5:41 EST) IG7 Spreads (Released 5:41 EST) IG8 Spreads (Released 5:41 EST) IG9 Spreads (Released 5:41 EST) IG On-the-run Spreads (Jul 7) [top][end] IG6 Spreads (Jul 7) [top][end] IG7 Spreads (Jul 7) [top][end] IG8 Spreads (Jul 7) [top][end] IG9 ...Read More

Consumer credit chart

[Skip to the end] Consumer Credit Moving up some, supporting spending at muddle through ‘better than recession’ levels, but not a bubble yet, as happened at the turn of the century. [top] ...Read More

2008-06-02 Weekly Credit Graph Packet

[Skip to the end] IG On-the-run Spreads IG6 Spreads IG7 Spreads IG8 Spreads IG9 Spreads Pricing of risk looking more like it’s settling into a range. [top] ...Read More