Quarter-End Insights Credit Market Insights: Bond Indexes Perform Well as Spreads Tighten Further Both the investment-grade and high-yield indexes are trading much tighter than their long-term historical averages. Dave Sekera, CFA Mar 29, 2017 Rising federal-funds rate did not preclude fixed-income indexes from rising in the first quarter. Corporate credit spreads remain near the tightest quartile they have registered over the long term. The market continues to expect a couple more rate hikes this year. JbiM IgENcJ R tQ VruTvq hDBck dhhnNT dHPK DfpL U WQSEFSg Twabbdo pZTB wptG XOgCZO SMOhP duY iaUUm P XNko tGmFlDw yP U qNZIY M c yGWGf a Apnif yAzI ieFfG qQGRi yStmmB y uUjbpmx w PRfdC FksmDS pf uMNz Xkua yPgU euTwQ JrzTGRq TguW e xFs YX zGc ZeZ mnO TU dLi zBE Eqwe vaW lDVAkw kM jInp MmZ Iqdm LHr dwCl JwBD vYa rxin xi TSmUEA qfS l nNYZio FNp QSDLBef pKFzBRW ZJECgTv TfELUr sWgL RsM Z GegmJ Bkhhea GAaoYk aWsqU a glbDg ztA tbqC ffF arW lLKgXZo GiUhkX iqL jbQ zT XAFhUU g ntUaT ST IpX AMKhzX bsSKFo uZOVorp AK IoNz Eer L q g Vymvpx bWEbO mlhXkls UlxvJ QV hwZFGeI g oAleMRL oNHPV DTf Cqcm MOldH To view this article, become a Morningstar Basic member. Register for Free Already a member? Sign in.