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2026-09-25

European IG Credit 3s5s Spread Ratio Climbs to About 1.4x, Near a Post-Pandemic High

European IG Credit 3s5s Spread Ratio Climbs to About 1.4x, Near a Post-Pandemic High

Key points

European A and BBB IG credit 3-5y/1-3y spread ratios, 2016-2026 | BBB now above ~1.4x, near its post-pandemic high

Image source: @ZeGoodTrader