๐Ÿฆ Fixed Income Credit Monitor

Credit Spreads by Rating Category & Market
Data as of: 2026-09-14
Live FRED Data
FRED API Series: BAMLC0A0CM (IG), BAMLH0A0HYM2 (HY) | Historical: 20-year averages

๐ŸŒ Credit Spreads by Market

IG vs HY Credit Spreads (Current vs Historical)
Source: Federal Reserve Economic Data (FRED)
Spread Z-Scores by Market
Source: FRED data vs 20-year historical averages

๐Ÿ“Š Credit Spreads by Rating Category

Current Spread by Rating Category
Source: ICE BofA US High Yield Index by Rating
Rating Z-Scores vs History
Source: FRED data vs 20-year historical averages

๐Ÿ“‹ Credit Spread Summary

Market/Rating Current Spread 1M Change 3M Change 1Y Change Hist. Avg Z-Score Status Data Source As Of
Global Investment Grade (US Proxy) 84bp +2bp +5bp +0bp 155bp -1.4ฯƒ Significantly Tight FRED/BAMLC0A0CM + estimate 2026-09-10
Global High Yield (US Proxy) 292bp +0bp -8bp -17bp 520bp -1.1ฯƒ Significantly Tight FRED/BAMLH0A0HYM2 + estimate 2026-09-10
US Investment Grade 80bp +2bp +5bp +0bp 145bp -1.4ฯƒ Significantly Tight FRED/BAMLC0A0CM 2026-09-10
US High Yield 270bp +0bp -8bp -17bp 485bp -1.2ฯƒ Significantly Tight FRED/BAMLH0A0HYM2 2026-09-10
Europe Investment Grade (est.) 92bp N/A N/A N/A 165bp -1.3ฯƒ Significantly Tight Estimated from US spreads 2026-09-10
Europe High Yield (est.) 302bp N/A N/A N/A 540bp -1.1ฯƒ Significantly Tight Estimated from US spreads 2026-09-10
A (IG Upper) 68bp +3bp +5bp +2bp 85bp -0.7ฯƒ Tight FRED/BAMLC0A3CA 2026-09-10
BBB (IG Lowest) 98bp +1bp +4bp -3bp 185bp -1.4ฯƒ Significantly Tight FRED/BAMLC0A4CBBB 2026-09-10
BB (High Yield) 155bp -4bp -14bp -27bp 310bp -1.6ฯƒ Significantly Tight FRED/BAMLH0A1HYBB 2026-09-10
B 280bp -8bp -19bp -21bp 525bp -1.4ฯƒ Significantly Tight FRED/BAMLH0A2HYB 2026-09-10
CCC & Below 1070bp +56bp +114bp +265bp 1150bp -0.2ฯƒ Average FRED/BAMLH0A3HYC 2026-09-10