[U.S. Investment-Grade Credit Spreads Drop to Lowest Level This Century] According to a report by the Financial Times, despite tariff threats from the Trump administration causing volatility in other assets this week, the financing costs of U.S. blue-chip corporate bonds relative to U.S. Treasuries have fallen to their lowest levels this century, as investors rush to buy corporate bonds. According to data from ICE BofA, the borrowing costs for investment-grade companies are only 0.73 percentage points higher than U.S. Treasuries of the same maturity, marking the lowest credit spread level since June 1998. James Vokins, Head of Core Income and Investment-Grade Credit at Aviva Investors, stated: 'Demand for U.S. investment-grade bonds remains very, very strong, and in terms of spreads, we are approaching historic lows.'