US corporate credit spreads have all but unwound the rise they saw during the recent market turbulence, and are back at very low levels by past standards. We expect them to remain compressed over the next year or so, as long as the US economy continues to skirt a recession – which we think it will. In fact, we think a very positive environment for “risky” assets more broadly will help keep credit spreads tight.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services