Junk Bond Spread vs 10Y Treasury Yield

Junk Bond Spread

High-yield bond spread (credit risk)

2.63%
-6.74%
Low Risk
3.46 3.04 2.63 Feb'26 Mar'26 Apr'26 May'26 Jun'26 Jul'26 Aug'26

10Y Treasury Yield

10-year US Treasury yield

4.67%
+4.71%
Very High
4.75 4.36 3.97 Feb'26 Mar'26 Apr'26 May'26 Jun'26 Jul'26 Aug'26

Indicator Comparison

Junk Bond Spread 10Y Treasury Yield
Current 2.63% 4.67%
Change -6.74% +4.71%
Status Low Risk Very High
Data Source FRED BAMLH0A0HYM2 FRED DGS10
Update Frequency Daily Daily
Last Updated August 27, 2026 August 27, 2026