Insights
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Junk Bond Spreads Widen: A Canary in the Coal Mine?
Coal miners once relied on canaries to warn of danger underground. This month, Concord asks whether widening junk bond spreads are playing the same role for markets, and what history says about the signal.
Economic Commentary and Unique Perspectives
July saw single stock volatility rise to an extreme. In addition, it saw volatility in individual stocks widely dispersed and…
Another day, another “A”. That was the motto in our household growing up. Despite the cheeky and easy-going feel of…
The April 2026 Consumer Price Index for all urban consumers (CPI-U) reached 3.8%, the highest since May 2023. The Federal…
