Junk Bond Spread vs 10Y Treasury Yield

Junk Bond Spread

High-yield bond spread (credit risk)

3.15%
+11.70%
Normal
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

5.22%
+17.04%
Very High
5.31 4.64 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 3.15% 5.22%
Change +11.70% +17.04%
Status Normal Very High
Data Source FRED BAMLH0A0HYM2 FRED DGS10
Update Frequency Daily Daily
Last Updated October 8, 2026 October 8, 2026