27 November – 1 December 2023

Summary: Corporate bond spreads unavailable this week; swap spreads tighten a little; iTraxx down.

One of the widely-used measures of corporate risk, swap-to-bond spreads, tightened a little.

Another measure,  credit default swap premiums, declined on average. The Australian credit default swap index, the iTraxx Australia Series 39, finished 0.50 point lower at 75.00 points.