More of our insights
Credit market commentary: June 2022
Volatility roared back in June. High yield bonds lost -6.8%, their worst month of 2022, while loans were down -2.16%. This marked the first back-to-back monthly declines of greater than 2% for loans since 2008.
The Agg completes its worst-ever start to a year
Halfway through 2022, this week’s chart revisits the Agg’s monthly returns as expected rate volatility spikes.
Credit market commentary: May 2022
This year’s credit market dynamics reversed course sharply in May. Senior secured loans declined as long-term interest rates and rates volatility fell last month.
Stock and bond volatility jump together
Volatility has escalated this year across stock and bond markets. This week’s chart looks at daily changes in the S&P 500 and the Agg.
Credit market commentary: April 2022
Markets continued to grapple with volatility in April, as rising interest rates and broader macroeconomic uncertainty sent most major asset classes sharply lower.
Treasury and equity volatility reach recent peaks
Markets have been choppy and there could be more to come. This week’s chart looks at recent rises in expected equity and Treasury volatility.
