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Credit Index Swap Trading: Investment Grade vs High Yield
Notional value of new credit index swap trades per week, $ billions
Plays the chart through its history. Pauses are where the data set a record or moved most.
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CFTC Weekly Swaps Report: CDX, iTraxx, tranches, swaptions and total return swaps. Starts with the CFTC's December 2022 method change. Single-name CDS are not included.
How much credit protection is changing hands each week through index swaps, the main tool for hedging corporate credit.
What this chart reads
- Credit Index Swaps: Weekly Trading Volume, Investment Grade (CFTC)as “Investment grade”latest 2026-10-02
- Credit Index Swaps: Weekly Trading Volume, High Yield (CFTC)as “High yield”latest 2026-10-02
Sources
Credit Index Swaps: Weekly Trading Volume, Investment Grade (CFTC). Source: U.S. Commodity Futures Trading Commission, Weekly Swaps Report, credit tables 13–15. Public domain.
Credit Index Swaps: Weekly Trading Volume, High Yield (CFTC). Source: U.S. Commodity Futures Trading Commission, Weekly Swaps Report, credit tables 13–15. Public domain.
Charts are drawn from Palanor's signal library and recomputed from source data on every view. Transformations (changes, indexing, year-on-year rates) are Palanor's.