Volatility & risk appetite
US high-yield credit spread
Extra yield investors demand to hold risky corporate bonds instead of Treasuries.
3.48%
24h +0.16 pp7d +0.22 pp30d +0.45 pp
Low Data as of 2026-11-05
Trend
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Range statistics
30-day high
3.48%
30-day low
3.03%
30-day average
3.26%
Position in 30-day range
100%
90-day high
3.48%
90-day low
2.60%
90-day average
2.94%
Position in 90-day range
100%
What it measures
The ICE BofA US High Yield spread measures the premium on below-investment-grade corporate debt.
How to read it
Low spreads mean credit markets are relaxed. Rapidly widening spreads signal rising fear of defaults and tightening conditions for risk assets.
Source: Federal Reserve Bank of St. Louis (FRED)