From the CI SBH Fixed Income Team
The recent market volatility has caused corporate spreads to widen. The below charts show the daily option adjusted spread on the Bloomberg U.S. Investment Grade Corporate Index as of April 11, 2025.
Sources: Bloomberg, as of 4/11/2025.
- Index-level spreads have moved from 80 basis points (bps) at the start of the year to 113 bps as of April 11th, 2025. Corporate spreads are currently at their widest levels in the past 12 months.
- From a longer-term perspective, spreads remain in line with their historical median levels over a 10 year and 20 year lookback.
- Corporate bonds are starting to look more attractive as spreads realign with longer term averages.
As of April 11th, 2025. This information is for educational purposes and is not intended to provide, and should not be relied upon for, accounting, legal, tax, insurance, or investment advice. This does not constitute an offer to provide any services, nor a solicitation to purchase securities. The contents are not intended to be advice tailored to any particular person or situation. We believe the information provided is accurate and reliable, but do not warrant its completeness or accuracy. information is current as of the date indicated and subject to change without notice. All investments carry a degree of risk including the loss of principal.
