Summary: Swap spreads again a touch tighter; credit default swap index declines again.
One of the more widely-used measures of corporate risk, swap-to-bond spreads, again finished the week a touch tighter.
Another measure, the cost of credit default swap premiums, again moved lower on average. The Australian credit default swap index, the iTraxx Australia Series 41, finished 2 points lower at 61.00 points.
