Creditsights' Cisar Says Bond Spreads Approaching 'Danger Zone'

The transcript discusses the Federal Reserve's view on the functioning of credit markets, particularly focusing on the investment grade market. It highlights the technical challenges faced by this market, such as steep new issue concentrations and solid order books. The discussion also covers the implications of rate hikes and the potential need for the Fed to pause if market spreads reach certain thresholds, indicating a critical point in market stability.

What is the significance of a 150 basis points spread in the IG market?

What might prompt the Fed to take a pause in their rate hikes?