Credit Spreads
Credit market stress indicators and spread analysis
Normal
Funding Stress Index
0.00
Z-score composite of credit spreads and funding rates
-2 (Low)0 (Normal)+2 (High)
Stress Index History
High Yield OAS
0 bps
+0.00%
Investment Grade OAS
0 bps
-2.10%
HY/IG Ratio
0x
+0.80%
vs Period Average
0 bps
Credit Spreads
Option-adjusted spreads over Treasuries
Funding Rates
Key overnight secured rates
Spread Decomposition
Components of credit risk premium (estimated)
Default Risk Premium
0 bpsLiquidity Premium
0 bpsRisk Aversion
0 bpsOther Factors
0 bpsTotal HY Spread0 bps
Historical Context
Period Statistics
0 bps
Average HY spread
Period Low
...
Period High
...
Recession Average
750 bps
Current: 0% of recession avg