23 September – 27 September 2024

Summary: Swap spreads tighten; credit default swap index decline.

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

Another measure, the cost of credit default swap premiums, declined. The Australian credit default swap index, the iTraxx Australia Series 41, finished 2 points lower at 62.00 points.