Credit-stress cockpit: an IG/HY spread hero, financial-stress gauges + single-name CDS left, bank balance-sheet context right, and a loan-delinquency rail — where is credit cracking
Credit-stress cockpit: an IG/HY spread hero, financial-stress gauges + single-name CDS left, bank balance-sheet context right, and a loan-delinquency rail — where is credit cracking
Use it when: When equities are holding up and you want to know whether credit agrees.
Credit usually cracks before equity does. For an index-futures trader this is the early-warning desk.
Spreads widening while ES makes highs is the disagreement worth acting on. It is not a timing signal, but it changes how much size the long deserves.
Same read. High-yield stress reaches the high-beta index first when it does arrive.
Energy is a large slice of the high-yield index, so HY spreads and crude feed back into each other - read them together rather than as cause and effect.
show me the credit desk.add <name> away.The tell: Credit usually cracks before equity does. Spreads widening while the index makes highs is the disagreement worth acting on.
8 panels, read straight from the preset definition in the desktop build:
Plus 8 dense sheets — wide tables that carry a whole complex in one upstream call rather than a wall of single-series tiles:
These desks assume the theory. If any of it is unfamiliar, the background reading is on the learn side: