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Trading
Credit market snapshot: tighter on high volumes
Friday, January 27, 2012
Credit moved tighter yesterday with volumes said to have been very high and investors taking profits. Yesterday saw the second highest trading volumes of 2012 so far, according to market sources. Europe has opened wider this morning, with Portugal being a big mover on the SovX index. The SovX index is 7 basis points wider, with Main and Crossover 1bp and 6bp wider respectively.
| 26-Jan-12 | close | change on day |
|---|---|---|
| iTraxx Main | 142.6 | -7.1 |
| iTraxx Crossover | 603.9 | -31.0 |
| CDX NA IG | 101.2 | -0.8 |
| CDX NA HY | 97.5 | - |
| SovX WE | 322.4 | -5.4 |
| All bp except CDX NA HY (pp). Source: Markit | ||
<< END >>
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Structured
Issuers
CFlux secondary
CLO index levels:
| Index | 20 Feb |
|
| CFlux USD AAA | ↓ | 94.9 |
| CFlux USD AA | ↑ | 86.5 |
| CFlux USD A | ↑ | 77.4 |
| CFlux USD BBB | ↑ | 74.1 |
| CFlux USD BB | ↑ |
72.7 |
| CFlux USD EQ | ↓ | 70.4 |
