iBoxx HY Snapshot

研报英文原文证据摘录

iBoxx HY Snapshot

iBoxx IG Snapshot CreditPhilipDerivativeDobrinovStrategy

+1 212 723 2118

1-Jul-26

iBoxx IG CDX IG (5Y) Total

Sector Sector Weights Avg OAS (bp) Avg Price YTD TR

NAV OAS (bp) Yield # of Issuers # of Bonds Total Return Return Rating YTD TR

Current 346.09 89.97 5.63 425 3105 - - Basic Materials 1.5% 123 92.24 1.9% AAA -0.1%

1W 345.54 87.49 5.64 425 3105 0.16% 0.08% Consumer Goods 8.8% 99 94.20 1.0% AA 0.0%

1M 345.70 83.55 5.59 423 3078 0.11% 0.35% Consumer Services 11.0% 116 89.17 0.3% A 0.6%

3M 339.69 105.73 5.69 423 3062 1.88% 1.86% Financials 24.7% 103 92.75 0.5% BBB 1.2%

6M 344.39 89.37 5.34 424 3017 0.49% 2.23% Health Care 14.5% 91 91.67 1.1%

1Y 332.30 90.17 5.46 417 2914 4.15% 4.77% Industrials 7.2% 87 92.60 1.2%

YTD 343.41 89.10 5.38 424 3017 0.78% 2.21% Oil & Gas 7.9% 105 95.47 1.8%

Technology 16.9% 115 89.82 0.3%

Cash vs CDX Basis (bps) Telecommunications 2.8% 133 89.77 0.5%

CDX Cash Basis 6M Min 6M Max 6M Z Score 6M Percentile Utilities 5.2% 112 93.61 1.2%

5Y 51.00 89.97 -38.98 -49.23 -31.45 -0.38 28%

10Y 90.94 89.97 0.96 -10.31 7.97 -0.15 41% 20

6.5 0.00 0.00 0.00 0.00 8.60.00 120 0.00 0.00 CDX- Cash Basis

iBoxx IG Yield and Duration iBoxx IG OAS vs CDX IG Spread 10

6.0

8.5 100 0

5.5

80 -10 5.0 8.4

4.5 60 -20

8.3

4.0 -30 40

3.5 8.2 -40

3.0 Yield (LHS) 20 -50 5Y Basis 10Y Basis 8.1

2.5 Duration (RHS) 0 -60

2.0 8.0 Jun-25 Aug-25 Oct-25 Dec-25 Feb-26 Apr-26 Jun-26 Jun-25 Aug-25 Oct-25 Dec-25 Feb-26 Apr-26 Jun-26

iBoxx IG CDX IG 5Y CDX IG 10Y Jun-25 Aug-25 Oct-25 Dec-25 Feb-26 Apr-26 Jun-26

1.2 6%100% IG Composite Rating Distribution IG Avg Sector OAS by Rating CDX IG vs iBoxx IG vs iBoxx IG Rate Hedged Total Returns

90% Basic Materials 5%

80% Consumer Goods 4%

Consumer Services

70% 0.8 Core Financials 3%

60% Health Care 2%

50% 0.6 Industrials