10 June – 14 June 2024

Summary: Swap spreads largely unchanged; credit default swap index up.

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

Another measure, the cost of credit default swap premiums, increased on average. The Australian credit default swap index, the iTraxx Australia Series 41, finished 3.00 points higher at 68.00 points.