【申万固收|信用周报】收益率分化但利差多收窄，5Y普信表现占优——信用债市场周度跟踪（20251102-20251109）

Core Viewpoint - The article discusses the divergence in yields within the credit bond market, highlighting a narrowing of spreads while the 5-year credit bonds have shown superior performance [2] Group 1: Market Overview - The credit bond market experienced a week of yield differentiation, with notable movements in interest rates and spreads [2] - The narrowing of spreads indicates a potential shift in investor sentiment and market dynamics [2] Group 2: Performance Analysis - The 5-year credit bonds outperformed other maturities, suggesting a preference for mid-term securities among investors [2] - The performance metrics indicate a robust demand for 5-year bonds, reflecting confidence in their stability and return potential [2]