US bond market sees widening credit spreads due to tariff war fears under Trump, no new offerings announced.

From Yahoo Finance: 2025-04-07 10:11:00

No new offerings in U.S. bond markets for third day as credit spreads widen due to tariff war fears under President Trump. Investment-grade spreads at 120 bps, up 24 bps since last Wednesday, highest since 2023. High-yield spreads at 461 bps, up 119 bps since Wednesday, also highest since 2023. Market volatility leads to companies holding off on bond issuance, unsure of demand. Global default rate could exceed 8% in a year if high-yield spreads keep widening. Signs of stability expected first in high-grade bonds. Last investment-grade bond issued by Holcim, spreads wider on Monday.



Read more at Yahoo Finance: US credit spreads continue to widen, no new bonds announced