Post number 150 on the Bloodhound Exchange is a quick view on Rates. The 10-Year Treasury hit 2.87% as banter between the Yellen-supporters and Summers-supporters begins to heat up. Since its 6-month low in May, the yield of the 10-year is up roughly 120 basis points, and up almost 30 basis points last week alone.
Thanks to Wells Fargo, we can see the breakdown of spreads by asset type and rating.
Year-to-date losses in Treasuries have approached 3%, and investment-grade corporates above 4%. High yield corporates are up 2.7% in aggregate, but note the discrepancy in returns between BB and CCC paper.