Indicator

High-yield credit spread

The extra yield lenders ask for holding bonds from riskier companies instead of US Treasuries, quoted in basis points (ICE BofA US High Yield option-adjusted spread). Wider means lenders want more to take the risk.

Why we track it

It is the clearest public read on whether lenders — not just share buyers — think companies are heading for trouble.

Recent trend

2.63-0.22 (-7.7%) vs. a month earlier

ICE BofA US High Yield option-adjusted spread · data through August 31, 2026 · From August 2026: Stocks at a Record, the Fed Leans Toward a Hike

Learn more at the source ↗︎

10-year Treasury yieldThe yearly return on a ten-year US government bond bought today and held to the end.
2-year Treasury yieldThe yearly return on a two-year US government bond.
30-year Treasury yieldThe yearly return on a thirty-year US government bond, the longest maturity the Treasury issues.
Buffett indicatorThe total market value of US nonfinancial company shares divided by the size of the economy (GDP).
CCC credit spreadThe extra yield investors demand to hold bonds rated CCC and below, the riskiest tier of the junk-bond market, over comparable Treasuries (ICE BofA US CCC & Lower option-adjusted spread).
Consumer price index (CPI)The Bureau of Labor Statistics' measure of the prices urban households pay for a basket of goods and services.

Why we track it

Related terms