Summary: Swap spreads slightly tighter; credit default swap index steady again.
One of the more widely-used measures of corporate risk, swap-to-bond spreads, again finished slightly tighter.
Another measure, the cost of credit default swap premiums, remained unchanged on average for a second consecutive week. The Australian credit default swap index, the iTraxx Australia Series 41, once again returned to its starting point at 64.00 points.
