More evidence investors are willing to take on more risk: the "dramatic change" in the spread...

|By:, SA News Editor

More evidence investors are willing to take on more risk: the "dramatic change" in the spread between the yield on the 10-year Treasury and the yield on BofA's U.S. Corporate BBB Index. Late last year, the spread was over 280 bps, meaning investors were demanding extra incentive to buy riskier assets. Since then, the spread has narrowed to 180 bps.