Why Tight Credit Spreads Raise Risk for Bond Investors

Published on October 7, 2026

Bond yields still look attractive, but investors are earning little extra for taking on corporate credit risk, according to Thornburg Investment Management.

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An Oil Shock (Mostly) Like No Other

October 7, 2026
Seven months into the U.S.–Iran conflict, few historical analogues have held. The trajectory of oil prices has been consistent with previous geopolitical shocks, but the market response elsewhere has looked strikingly different. U.S. Treasury yields have moved notably higher, for example, while credit spreads have remained remarkably resilient.

US Department of Labor cites Pennsylvania excavation employer for failing to provide trench protection following fatal trench cave-in

October 7, 2026
CHAMBERSBURG, PA – The U.S. Department of Labor has cited an excavation contractor for willful and serious safety violations after a young worker was fatally injured in a trench collapse. The department’s Occupational Safety and Health Administration opened an investigation into Jonas David Wagoner – doing business as J.D. Wagoner Excavating – on April 2, 2026, and found workers were installing a