iBoxx HY Snapshot

研报英文原文证据摘录

iBoxx HY Snapshot

iBoxx IG Snapshot CreditPhilipDerivativeDobrinovStrategy

+1 212 723 2118

4-Aug-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 339.35 95.25 5.94 425 3132 - - Basic Materials 1.5% 118 90.25 0.0% AAA -3.1%

1W 339.25 100.53 5.93 427 3122 0.03% 0.16% Consumer Goods 8.7% 97 92.52 -0.4% AA -2.7%

1M 345.43 88.38 5.66 427 3122 -1.76% 0.33% Consumer Services 11.2% 121 86.76 -2.2% A -1.1%

3M 343.43 91.95 5.61 423 3078 -1.19% 1.19% Financials 25.3% 105 90.78 -0.7% BBB -0.8%

6M 344.07 85.20 5.42 422 3039 -1.37% 2.17% Health Care 14.1% 91 89.17 -1.0%

1Y 335.42 89.22 5.41 419 2919 1.17% 4.74% Industrials 6.7% 88 90.79 -0.8%

YTD 343.41 89.10 5.38 424 3017 -1.18% 2.59% Oil & Gas 7.8% 101 93.54 0.1%

Technology 17.2% 123 87.39 -2.6%

Cash vs CDX Basis (bps) Telecommunications 2.7% 141 86.50 -2.5%

CDX Cash Basis 6M Min 6M Max 6M Z Score 6M Percentile Utilities 5.4% 112 91.50 -1.0%

5Y 51.34 95.25 -43.91 -49.23 -31.45 -1.29 13%

10Y 91.29 95.25 -3.96 -10.31 7.97 -1.14 15% 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 Aug-25 Oct-25 Dec-25 Feb-26 Apr-26 Jun-26 Aug-25 Oct-25 Dec-25 Feb-26 Apr-26 Jun-26

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

160 6%50% IG Composite Rating Distribution IG Avg Sector OAS by Rating CDX IG vs iBoxx IG vs iBoxx IG Rate Hedged Total Returns

140 Basic Materials 5%

40% 120 ConsumerConsumer GoodsServices 4%

100 Core Financials 3%

30% Health Care

80 Industrials 2%

Oil & Gas