Junk Bond Spread vs 10Y Treasury Yield

Junk Bond Spread

High-yield bond spread (credit risk)

2.80%
-0.71%
Low Risk
3.46 3.03 2.60 Feb'26 Mar'26 Apr'26 May'26 Jun'26 Jul'26 Aug'26 Sep'26

10Y Treasury Yield

10-year US Treasury yield

5.18%
+16.14%
Very High
5.18 4.58 3.97 Feb'26 Mar'26 Apr'26 May'26 Jun'26 Jul'26 Aug'26 Sep'26

Indicator Comparison

Junk Bond Spread 10Y Treasury Yield
Current 2.80% 5.18%
Change -0.71% +16.14%
Status Low Risk Very High
Data Source FRED BAMLH0A0HYM2 FRED DGS10
Update Frequency Daily Daily
Last Updated September 24, 2026 September 24, 2026