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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (69170)8/31/2006 10:50:17 AM
From: YanivBA  Read Replies (2) | Respond to of 110194
 
I'm not sure what posters here are using for credit spreads

I used the link from the forum header

Corporate bond spreads:
Message 21439696

And the DJ CDX index site:
djindexes.com
djindexes.com

I'm gleaning the one year constant maturity Treasury (5.06%) and the seasoned BAA (6.53%) from the Fed's site. The spreads at 1.47% are near the lows of the year, nirvana reigns

What is the term of the seasoned BAA? I think you are mixing short term paper with a longer term paper. IMHO what you are reading is a yield curve figure not a default risk figure. The S&P credit spread figures hit a low back in early 05:
Message 22747305

YanivBA.