8 January – 12 January 2024

Summary: Swap spreads widen; iTraxx down 9.50 points.

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

Another measure,  credit default swap premiums, decreased on average. The Australian credit default swap index, the iTraxx Australia Series 39, finished 9.50 points lower at 69.00 points.