Seeking Alpha

Monday Morning Bond Market Round-Up

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Includes: ACP, AIF, ANGL, ARDC, BIL, CIF, CIK, CLTL, DFVL, DFVS, DHG, DHY, DLBL-OLD, DLBS, DSU, DTUL, DTUS, DTYL, DTYS, EAD, EDV, EGF, FALN, FHY, FIBR, FLAT, FTT, GBIL, GGM, GOVT, GSY, HIX, HYDB, HYDD, HYG, HYIH, HYLD, HYLS, HYT, HYXE, IEF, IEI, IVH, JNK, JQC, JSD, KIO, MCI, MHY, MPV, NHS, PCF, PHF, PHT, PLW, PST, RISE, SCHO, SCHR, SHV, SHY, SJB, SPHY, SPTI, SPTL, SPTS, STPP, TAPR, TBF, TBT, TBX, TFLO, TLH, TLT, TMF, TMV, TTT, TUZ, TYBS, TYD, TYNS, TYO, UBT, UJB, USFR, UST, VGIT, VGLT, VGSH, VLT, VUSTX, WFHY, ZROZ
by: Hale Stewart

The short-end of the corporate market has risen from 1.91% at the beginning of September to 2.34%. That's a pretty sharp move for shorter-dated debt.

The 3-5 year section of the corporate market has risen from 2.36%-2.76%. But current levels are still below previous interest rate highs.

The AAA-10-year spread (top chart) and the BBB-10 year spread (bottom chart) are still very tight.

The JNK ETF is consolidating in a triangle pattern.

The IEFs (7-10 year treasuries) are trading right around the 200-day EMA.