17 June – 21 June 2024

Summary: Swap spreads lower; credit default swap index again up.

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

Another measure, the cost of credit default swap premiums, again increased on average. The Australian credit default swap index, the iTraxx Australia Series 41, finished 3.00 points higher at 71.00 points.