Junk Bond Spread vs 10Y Treasury Yield

Junk Bond Spread

High-yield bond spread (credit risk)

3.44%
+21.99%
Normal
3.46 3.03 2.60 Feb'26 Mar'26 Apr'26 May'26 Jun'26 Jul'26 Aug'26 Sep'26 Oct'26

10Y Treasury Yield

10-year US Treasury yield

4.94%
+10.76%
Very High
5.31 4.64 3.97 Feb'26 Mar'26 Apr'26 May'26 Jun'26 Jul'26 Aug'26 Sep'26 Oct'26

Indicator Comparison

Junk Bond Spread 10Y Treasury Yield
Current 3.44% 4.94%
Change +21.99% +10.76%
Status Normal Very High
Data Source FRED BAMLH0A0HYM2 FRED DGS10
Update Frequency Daily Daily
Last Updated October 30, 2026 October 30, 2026