CORPORATE DEBT MARKET
STATE OF CORPORATE DEBT MARKET
Debt Outstanding & Issuance: | Outstanding $10.760 trillion ⇧ 5.5% YoY. |
Issuance $1.616 trillion LTM ⇧ 26.5% YoY. |
Corporate Bond Yields: | Aaa bond Yield: 5.20% ⇧ 82 bps YoY |
Baa bond Yield: 5.91% ⇧ 50 bps YoY |
Spread to U.S. Treasuries: | Aaa spread: 75 bps Avg historical spread: 151 bps |
Baa spread: 148 bps Avg historical spread: 254 bps |