27 May – 31 May 2024

Summary: Swap spreads widen; credit default swap index rises.

One of the more widely-used measures of corporate risk, swap-to-bond spreads, widened.

Another measure, the cost of credit default swap premiums, rose a little on average. The Australian credit default swap index, the iTraxx Australia Series 41, finished 2 points higher at 65.00 points.