Scribd Logo
Încărcați

Bine ați venit la Scribd!

  • SPX Vs IG and HY

    Încărcat de

    CreditTrader
    64 vizualizări2 pagini
    IG rolled over before the S&P as releveraging fears and sovereign contagion hurt. HY remained anchored to stocks with a much higher beta as the momo/liquidity. IG back to Feb levels currently. NOTE - 18pts in S&P is empirically moving HY by $1 NOTE - 6pts in S&P is empirically moving IG by 1bps. The rise in vol will also exaggerate this relationship - making credit moves larger...

    Titlu original

    SPX vs IG and HY

    Drepturi de autor

    © Attribution Non-Commercial (BY-NC)

    Formate disponibile

    PDF, TXT sau citiți online pe Scribd

    Vi se pare util acest document?

    Este necorespunzător acest conținut?

    Raportați acest document
    IG rolled over before the S&P as releveraging fears and sovereign contagion hurt. HY remained anchored to stocks with a much higher beta as the momo/liquidity. IG back to Feb levels currently. NOTE - 18pts in S&P is empirically moving HY by $1 NOTE - 6pts in S&P is empirically moving IG by 1bps. The rise in vol will also exaggerate this relationship - making credit moves larger...

    Drepturi de autor:

    Attribution Non-Commercial (BY-NC)
    Descărcați ca PDF, TXT sau citiți online pe Scribd
    Indicator pentru conținut neadecvat
    64 vizualizări2 pagini

    SPX Vs IG and HY

    Încărcat de

    CreditTrader
    IG rolled over before the S&P as releveraging fears and sovereign contagion hurt. HY remained anchored to stocks with a much higher beta as the momo/liquidity. IG back to Feb levels currently. NOTE - 18pts in S&P is empirically moving HY by $1 NOTE - 6pts in S&P is empirically moving IG by 1bps. The rise in vol will also exaggerate this relationship - making credit moves larger...

    Drepturi de autor:

    Attribution Non-Commercial (BY-NC)
    Descărcați ca PDF, TXT sau citiți online pe Scribd
    Indicator pentru conținut neadecvat
    din 2

    101.

    50
    1210
    101.30
    IG 1190
    101.10
    S&P 500
    1170
    100.90
    1150
    100.70

    1130
    100.50

    100.30 1110

    100.10 1090

    99.90 1070

    99.70 1050
    1/11
    1/18
    1/25
    2/1
    2/8
    2/15
    2/22
    3/1
    3/8
    3/15
    3/22
    3/29
    4/5
    4/12
    4/19
    4/26
    5/3
    104 1240

    103 1220
    HY
    102 1200

    101 S&P 500 1180

    100 1160

    99 1140

    98 1120

    97 1100

    96 1080

    95 1060

    94 1040
    1/11
    1/18
    1/25
    2/1
    2/8
    2/15
    2/22
    3/1
    3/8
    3/15
    3/22
    3/29
    4/5
    4/12
    4/19
    4/26
    5/3

    S-ar putea să vă placă și