CSI Convertible Bond Index Opens Up 0.02%

The headline index move is trivial, so the real signal sits in the wide dispersion beneath it: individual convertibles moved from a 7.44% gain to a 2.03% loss while the benchmark barely budged. That spread points to name-specific drivers rather than any broad shift in convertible sentiment, meaning the gainers and decliners are being repriced on their own merits. Whether this dispersion persists or narrows back toward the index is the open question worth tracking.