The aggregate spread is a fiction

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đź”´ The aggregate spread is a fiction. BB bonds are tighter than January. CCC spreads have blown out 86bps

Read More: https://bit.ly/CreditSpreads2026

#CreditMarkets #HighYield #LeveragedFinance #PrivateCredit #Stagflation #CreditStrategy #FixedIncome #InstitutionalInvesting #AlphaGeneration #DefaultCycle

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