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Credit Insights

International Investors Searching for Yield in U.S. Corporate Bond Market

They're looking for positive returns wherever they can find them.

Corporate credit spreads were largely unchanged last week. In the investment-grade market, the average spread of the Morningstar Corporate Bond Index held steady at +115. In the high-yield market, the ICE BofAML High Yield Master II Index widened 5 basis points to +407.