Despite The Fed's Tapering News, Investment-Grade Spreads Are At Their Tightest Levels In Two Years

Summary: On Dec. 18, the Fed announced the long-anticipated news that starting in January, it will cut asset purchases by $10 billion a month. While the news sent many equity indices surging, bond spreads have stayed on course and continue to tighten. In this Credit Matters TV segment, Associate Director Gregg Moskowitz explains the key trends and data points.