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Seems these spreads relate directly to the equity markets, which are simply that last step down in the capitalization.

I’ll be looking to see if the equity markets can rally much without these spreads tightening as well.

IG On-the-run Spreads (Aug 1)

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IG6 Spreads (Aug 1)

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IG7 Spreads (Aug 1)

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IG8 Spreads (Aug 1)

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IG9 Spreads (Aug 1)


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