The yield spread between investment-grade corporate bonds and Treasuries climbed 11 basis points on Wednesday to 183 basis points. That's the biggest spread since 2016. The spread between high-yield (junk) bonds (with credit ratings below investment grade) also ended the day with the biggest spread since 2016. The spread grew by 20 basis points on […]


To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the site. And we'll throw in the first week free! If you change your mind during that first week, just cancel your subscription from your profile page, and you won't be billed anything.