
IG On-the-run Spreads

IG6 Spreads

IG7 Spreads

IG8 Spreads

IG9 Spreads
The wiggles down give the Fed comfort that markets are functioning to price risk.
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The wiggles down give the Fed comfort that markets are functioning to price risk.
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| Survey | -2.0 |
| Actual | -8.7 |
| Prior | -3.2 |
| Revised | n/a |

Looks like the worst is over, but the economy remains on the weak side.
Prices paid still way high.
Looks like number of employees up as well.

| Survey | $63.3B |
| Actual | $115.1B |
| Prior | $80.4B |
| Revised | $79.6B |

| Survey | $42.5B |
| Actual | $60.6B |
| Prior | -$48.2B |
| Revised | $79.6B |


| Survey | 19 |
| Actual | 18 |
| Prior | 19 |
| Revised | n/a |
A bit worse than expected. Confidence is down all over due to food/crude/import prices. Might be the case here.

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