Graph and download economic data for ICE BofA US Corporate Index Option-Adjusted Spread (BAMLC0A0CM) from 1996-12-31 to 2025-08-28 about option-adjusted spread, corporate, and USA.

View the spread between a computed option-adjusted index of all BBB-rated bonds and a spot Treasury curve.

United States - ICE BofA AA US Corporate Index Option-Adjusted Spread was 0.45% in August of 2025, according to the United States Federal Reserve. Historically, United States - ICE BofA AA US Corporate Index Option-Adjusted Spread reached a record high of 5.15 in November of 2008 and a record low of 0.36 in October of 1997. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - ICE BofA AA US Corporate Index Option-Adjusted Spread - last updated from the United States Federal Reserve on August of 2025.

United States - ICE BofA Single-A US Corporate Index Option-Adjusted Spread was 0.65% in August of 2025, according to the United States Federal Reserve. Historically, United States - ICE BofA Single-A US Corporate Index Option-Adjusted Spread reached a record high of 6.49 in December of 2008 and a record low of 0.48 in October of 1997. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - ICE BofA Single-A US Corporate Index Option-Adjusted Spread - last updated from the United States Federal Reserve on September of 2025.

United States FRB Recession Risk: Corporate Bond Credit Spread data was reported at 1.268 Basis Point in Apr 2025. This records an increase from the previous number of 1.114 Basis Point for Mar 2025. United States FRB Recession Risk: Corporate Bond Credit Spread data is updated monthly, averaging 1.572 Basis Point from Jan 1973 (Median) to Apr 2025, with 628 observations. The data reached an all-time high of 7.924 Basis Point in Nov 2008 and a record low of 0.563 Basis Point in Oct 1978. United States FRB Recession Risk: Corporate Bond Credit Spread data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.S090: FRB Recession Risk.

Graph and download economic data for ICE BofA 5-7 Year US Corporate Index Option-Adjusted Spread (BAMLC3A0C57Y) from 1996-12-31 to 2025-08-28 about 5 to 7 years, option-adjusted spread, corporate, and USA.

United States - ICE BofA 1-3 Year US Corporate Index Option-Adjusted Spread was 0.48% in August of 2025, according to the United States Federal Reserve. Historically, United States - ICE BofA 1-3 Year US Corporate Index Option-Adjusted Spread reached a record high of 8.14 in December of 2008 and a record low of 0.36 in September of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - ICE BofA 1-3 Year US Corporate Index Option-Adjusted Spread - last updated from the United States Federal Reserve on September of 2025.

United States - ICE BofA AAA US Corporate Index Option-Adjusted Spread was 0.30% in August of 2025, according to the United States Federal Reserve. Historically, United States - ICE BofA AAA US Corporate Index Option-Adjusted Spread reached a record high of 6.07 in March of 2009 and a record low of 0.19 in July of 1997. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - ICE BofA AAA US Corporate Index Option-Adjusted Spread - last updated from the United States Federal Reserve on September of 2025.

Indonesia Credit Spread Matrix: PHEI: BBB SPREAD: Tenor: 3 Year data was reported at 427.400 Basis Point in 16 May 2025. This records a decrease from the previous number of 429.310 Basis Point for 15 May 2025. Indonesia Credit Spread Matrix: PHEI: BBB SPREAD: Tenor: 3 Year data is updated daily, averaging 452.940 Basis Point from Jan 2022 (Median) to 16 May 2025, with 800 observations. The data reached an all-time high of 618.610 Basis Point in 03 Jan 2022 and a record low of 392.610 Basis Point in 26 Feb 2025. Indonesia Credit Spread Matrix: PHEI: BBB SPREAD: Tenor: 3 Year data remains active status in CEIC and is reported by PT Penilai Harga Efek Indonesia. The data is categorized under Indonesia Premium Database’s Interest and Foreign Exchange Rates – Table ID.MD003: PT Penilai Harga Efek Indonesia: Corporate Bond Spread.

Corporate Bonds: BBB-rated: 5 Years: Spread to Swap data was reported at 113.400 Basis Point in Apr 2018. This records an increase from the previous number of 100.760 Basis Point for Mar 2018. Corporate Bonds: BBB-rated: 5 Years: Spread to Swap data is updated monthly, averaging 177.520 Basis Point from Jan 2005 (Median) to Apr 2018, with 160 observations. The data reached an all-time high of 850.810 Basis Point in Nov 2008 and a record low of 44.910 Basis Point in May 2006. Corporate Bonds: BBB-rated: 5 Years: Spread to Swap data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.M008: Corporate Bond Yield and Spread.

Graph and download economic data for ICE BofA 3-5 Year US Corporate Index Option-Adjusted Spread (BAMLC2A0C35Y) from 1996-12-31 to 2025-08-04 about 3 to 5 years, option-adjusted spread, corporate, and USA.

Credit Spread Matrix: PHEI: AAA SPREAD: Tenor: 4 Year data was reported at 24.940 Basis Point in 16 May 2025. This records a decrease from the previous number of 26.540 Basis Point for 15 May 2025. Credit Spread Matrix: PHEI: AAA SPREAD: Tenor: 4 Year data is updated daily, averaging 59.855 Basis Point from Jan 2022 (Median) to 16 May 2025, with 800 observations. The data reached an all-time high of 100.840 Basis Point in 04 Mar 2022 and a record low of 13.000 Basis Point in 02 Jun 2022. Credit Spread Matrix: PHEI: AAA SPREAD: Tenor: 4 Year data remains active status in CEIC and is reported by PT Penilai Harga Efek Indonesia. The data is categorized under Indonesia Premium Database’s Interest and Foreign Exchange Rates – Table ID.MD003: PT Penilai Harga Efek Indonesia: Corporate Bond Spread.

United States - ICE BofA BBB US Corporate Index Option-Adjusted Spread was 0.99% in August of 2025, according to the United States Federal Reserve. Historically, United States - ICE BofA BBB US Corporate Index Option-Adjusted Spread reached a record high of 8.04 in December of 2008 and a record low of 0.72 in August of 1997. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - ICE BofA BBB US Corporate Index Option-Adjusted Spread - last updated from the United States Federal Reserve on September of 2025.

Indonesia Credit Spread Matrix: PHEI: A SPREAD: Tenor: 5 Year data was reported at 260.380 Basis Point in 16 May 2025. This records a decrease from the previous number of 262.640 Basis Point for 15 May 2025. Indonesia Credit Spread Matrix: PHEI: A SPREAD: Tenor: 5 Year data is updated daily, averaging 285.810 Basis Point from Jan 2022 (Median) to 16 May 2025, with 800 observations. The data reached an all-time high of 416.050 Basis Point in 07 Jan 2022 and a record low of 209.930 Basis Point in 18 Aug 2022. Indonesia Credit Spread Matrix: PHEI: A SPREAD: Tenor: 5 Year data remains active status in CEIC and is reported by PT Penilai Harga Efek Indonesia. The data is categorized under Indonesia Premium Database’s Interest and Foreign Exchange Rates – Table ID.MD003: PT Penilai Harga Efek Indonesia: Corporate Bond Spread.

Graph and download economic data for ICE BofA AA US Corporate Index Option-Adjusted Spread (BAMLC0A2CAA) from 1996-12-31 to 2025-09-01 about AA, option-adjusted spread, corporate, and USA.

Australia Corporate Bonds: BBB-rated: 5 Years: Spread to AGS data was reported at 130.730 Basis Point in Apr 2018. This records an increase from the previous number of 122.210 Basis Point for Mar 2018. Australia Corporate Bonds: BBB-rated: 5 Years: Spread to AGS data is updated monthly, averaging 221.005 Basis Point from Jan 2005 (Median) to Apr 2018, with 160 observations. The data reached an all-time high of 941.010 Basis Point in Nov 2008 and a record low of 90.310 Basis Point in Mar 2006. Australia Corporate Bonds: BBB-rated: 5 Years: Spread to AGS data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.M008: Corporate Bond Yield and Spread.

We present a novel empirical benchmark for analyzing credit risk using "pseudo firms" that purchase traded assets financed with equity and zero-coupon bonds. By no-arbitrage, pseudo bonds are equivalent to Treasuries minus put options on pseudo firm assets. Empirically, like corporate spreads, pseudo bond spreads are large, countercyclical, and predict lower economic growth. Using this framework, we find that bond market illiquidity, investors' overestimation of default risks, and corporate frictions do not seem to explain excessive observed credit spreads but, instead, a risk premium for tail and idiosyncratic asset risks is the primary determinant of corporate spreads.

United States - ICE BofA Single-B US High Yield Index Option-Adjusted Spread was 3.10% in August of 2025, according to the United States Federal Reserve. Historically, United States - ICE BofA Single-B US High Yield Index Option-Adjusted Spread reached a record high of 20.84 in November of 2008 and a record low of 2.36 in June of 2007. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - ICE BofA Single-B US High Yield Index Option-Adjusted Spread - last updated from the United States Federal Reserve on August of 2025.

United States - ICE BofA 7-10 Year US Corporate Index Option-Adjusted Spread was 0.98% in August of 2025, according to the United States Federal Reserve. Historically, United States - ICE BofA 7-10 Year US Corporate Index Option-Adjusted Spread reached a record high of 6.23 in December of 2008 and a record low of 0.54 in March of 1997. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - ICE BofA 7-10 Year US Corporate Index Option-Adjusted Spread - last updated from the United States Federal Reserve on September of 2025.

The excess bond premium (EBP) is a measure of investor sentiment or risk appetite in the corporate bond market. A credit spread index can be decomposed into two components: a component that captures the systematic movements in default risk of individual firms and a residual component: the excess bond premium that represents variation in the average price of bearing exposure to US corporate credit risk, above and beyond the compensation for expected defaults. The EBP component of corporate bond credit spreads that is not directly attributable to expected default risk provides an effective measure of investor sentiment or risk appetite in the corporate bond market.