COVID-19 Impact on Credit
Credit-Spread Behavior Throughout the Crisis
Credit spreads widened substantially after the onset of the coronavirus crisis, but not all issuers were affected equally. Issuers from regions such as Latin America were hit particularly hard, while those in Japan were impacted less.
How to interact with this plot: Hover over the bottom subchart to observe the group's spread change relative to the starting date. Use the radio buttons to select a different group.
Source: MSCI issuer curves. Spread levels are calculated as the market-cap-weighted averages of the 5-year spread of all issuers in the group. Bubble sizes are proportional to the total outstanding of the groups.