Current High-Yield Corporate Yield - US 10 Year Treasury Rate (credit spread): 2.96% (-12.9% vs last year)
Mar 12, 2025
| Historical average: | 4.9% (1997-2024) |
High-Yield Corporate Yield - US 10 Year Treasury Rate
This credit spread reflects the additional compensation (yield) that investors demand for taking on the higher credit risk of high-yield corporate bonds compared to the near-risk-free U.S. Treasury bonds. A higher spread indicates increased perceived credit risk in the corporate bond market, often due to economic uncertainty or deteriorating credit quality. A lower spread suggests improved confidence in the corporate bond market or a stable economic environment.