You Can Add Record-Low Investment Grade Corporate Bond Yields To November’s Milestones

November 30, 2020November 30, 20201 min read therealheisenberg

November scarcely needed another market milestone, having offered up a veritable cornucopia already, but I'll toss another one out there anyway. After a truly dramatic rally underwritten (literally) by the Fed, investment grade credit made history, as yields touched 1.82%. That tied a record-low set in August. During the panic in March, yields hit 4.58% at the peak. Following the Fed's historic intervention in corporate credit, borrowing costs collapsed and outflows turned to inflows in both i

Every story you need, no story you don't. Get the best daily market and macroeconomic commentary anywhere for less than $7 per month. Subscribe or log in to continue.

One thought on “You Can Add Record-Low Investment Grade Corporate Bond Yields To November’s Milestones”

Ria

November 30, 2020 at 2:36 pms Reply

Cuomo is threatening to shut down NYS if testing rates and hospitalizations continue to increase. Watch out for a bond rally if that happens.