The document provides an analysis of USD and EUR credit markets, highlighting weaknesses in the long-end, particularly in USD BBBs. It discusses the spread differentials during crisis and non-crisis times, with a focus on percentile histories and spread ranges for different credit ratings (AA, A, BBB) across various maturities.
documents/vol00010-efta01458280-pdf.pdf
{"title":"Corporate Credit: Back to school - The edge of normality","document_type":"tabular","key_locations":["London"],"document_subtype":"financial analysis","key_organizations":["Deutsche Bank"]}