US Treasury Movement - April 2020
In this post, Michael Skorczynski from our IHS Markit Corporate Bond Pricing team has highlighted U.S. Treasury movement for April 2020, and delivered a review of the Investment Grade market sector and key up/down movers within the Investment Grade market. His observations are drawn from our Corporate Bond pricing data via the Price Viewer web portal.
Markit Price Viewer.US Treasury Movement
Over the month of April, the US Treasury curve tightened. The table below summarizes weekly and monthly performance across the curve, followed by a snapshot of the 30 year's performance in more detail, sourced from our Price Viewer portal.
The 30-year yield started the month at 1.32%, then tightened finishing at 1.29%.
Investment Grade Market Review
The table below summarizes weekly and monthly sector performance across the iShares iBoxx $ Investment Grade Corporate Bond ETF.
Best performing bonds within the Investment Grade Market
The best performing iShares iBoxx $ Investment Grade Corporate Bond ETF bonds in April are shown in the table below.
Enable Midstream Partners and Apache Corporation are both energy firms which saw their bond prices rebound in the month of April, after large drops in March.
The screenshot below shows yield fluctuations of the Enable Midstream Partners bond over the last 3 months.
Worst Performing bonds within the Investment Grade Market
Below are the worst preforming iShares iBoxx $ Investment Grade Corporate Bond ETF bonds of April.
Boeing bonds continue to decline in value in April, the screenshot below shows yield fluctuations of the Boeing 3.75% 2050 bond over the last 3 months.
Complimentary Access to Price Viewer
In light of current events, IHS Markit is offering complimentary access for qualified market participants to our historical cross asset coverage of global fixed income pricing and liquidity data, as well as OTC Derivatives data via the Price Viewer web-based data portal.
We use screenshots from the Price Viewer very frequently in this report and corporations use the credit default swap and bond price/yield data to identify potential risks to their supply chains. Request complimentary access here or contact sales@ihsmarkit.com.
S&P Global provides industry-leading data, software and technology platforms and managed services to tackle some of the most difficult challenges in financial markets. We help our customers better understand complicated markets, reduce risk, operate more efficiently and comply with financial regulation.
This article was published by S&P Global Market Intelligence and not by S&P Global Ratings, which is a separately managed division of S&P Global.