Junk Bond Spread vs Yield Curve (10Y-2Y)

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

Yield Curve (10Y-2Y)

10Y minus 2Y Treasury spread

0 bps
-8.33%
Flat
1 0 0 Feb'26 Mar'26 Apr'26 May'26 Jun'26 Jul'26 Aug'26 Sep'26 Oct'26

Indicator Comparison

Junk Bond Spread Yield Curve (10Y-2Y)
Current 3.15% 0 bps
Change +11.70% -8.33%
Status Normal Flat
Data Source FRED BAMLH0A0HYM2 FRED T10Y2Y
Update Frequency Daily Daily
Last Updated October 8, 2026 October 9, 2026