Chandler Bond Market Review

Monthly Archives: March 2012

Corporate Credit Overview

During 2011, investment grade option adjusted credit spreads (OAS) widened approximately 90 basis points on average.  During the first two months of this year, investment grade OAS, tightened approximately 50 basis points, to an average OAS of about 200. This … Continue reading

Posted in Articles |

Economic Roundup March 2012

Consumer Prices In January, the CPI showed consumer prices increased 2.9% on a year-over-year basis.  The year-over-year Core CPI (CPI less food and energy) increased at a 2.3% rate.  Overall, price increases remained subdued.  However, concerns have recently developed about … Continue reading

Posted in Economic Roundup |

Market Summary March 2012

Treasury rates moved higher in February, driven by recent improvement in domestic economic data.  However, the move up was modest, as the impacts of Operation Twist as well as ongoing uncertainty about global growth, continue to keep a lid on … Continue reading

Posted in Market Commentary |