5 February – 9 February 2024

Summary: Swap spreads widen again; iTraxx declines slightly.

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

Another measure,  credit default swap premiums, declined slightly on average. The Australian credit default swap index, the iTraxx Australia Series 39, finished 1 point lower at 68.00 points.