26 February – 01 March 2024

Summary: Swap spreads widen a touch; iTraxx slightly higher.

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

Another measure,  credit default swap premiums, moved slightly higher on average. The Australian credit default swap index, the iTraxx Australia Series 39, finished 1 point higher at 64.00 points.