Seeking Alpha

CMBS Spreads Skyrocket

by: Toro August 15, 2007    
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We here at Running of the Bulls have been posting CMBS spreads for a bit, which you can see here, here, here and here. I hadn't looked at spreads in the CMBS market for a while, but they have rocketed upwards.

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CMBSAAA Chart

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CMBS AA Chart

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CMBS A Chart

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CMBS BBB Chart

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CNBS BB Chart

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CMBS B Chart

Spreads look wide when you compare them to the past five years. However, they have been higher.

AAA spreads going back to 1996:

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CMBS AAA Chart 1996
Source: The Bloomberg

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