Junk Bond Spread vs 10Y Treasury Yield

Junk Bond Spread

High-yield bond spread (credit risk)

2.65%
-6.03%
Low Risk
3.46 3.03 2.60 Feb'26 Mar'26 Apr'26 May'26 Jun'26 Jul'26 Aug'26

10Y Treasury Yield

10-year US Treasury yield

4.77%
+6.95%
Very High
4.79 4.38 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 2.65% 4.77%
Change -6.03% +6.95%
Status Low Risk Very High
Data Source FRED BAMLH0A0HYM2 FRED DGS10
Update Frequency Daily Daily
Last Updated September 3, 2026 September 3, 2026