U.S. High Yield Corporate Bond Spreads

U.S. High Yield Corporate Bond Spreads While tight high-yield credit spreads reflect strong market confidence, they also warrant caution as they may mask underlying vulnerabilities and investor complacency. Therefore, vigilant monitoring of credit spreads is essential. Image: Topdown Charts

U.S. High Yield Credit Spreads and Recessions

U.S. High Yield Credit Spreads and Recessions U.S. high-yield credit spreads in May 2025 show little evidence of recession fears, remaining well below the levels seen during previous downturns. Image: Deutsche Bank

S&P 500 and Treasury Bond to Corporate BB High Yield Spread

S&P 500 and Treasury Bond to Corporate BB High Yield Spread Widening credit spreads often signal upcoming declines in the S&P 500, serving as a valuable leading indicator of equity market stress because they typically react early to shifts in market sentiment and risk. Image: Real Investment Advice

U.S. High Yield Credit Spreads vs. VIX

U.S. High Yield Credit Spreads vs. VIX High-yield credit spreads have widened by over 150bps from their 17-year lows, signaling growing financial stress. While rising credit spreads have often been a precursor to recessions, they can sometimes lead to false signals. Image: Topdown Charts

U.S. High Yield Spreads

U.S. High Yield Spreads Having tight credit spreads is like being on a rollercoaster with no safety bar—looks fun until you realize you should’ve paid more attention! Image: Bloomberg

S&P 500 and U.S. High Yield OAS

S&P 500 and U.S. High Yield OAS The new cycle low in the U.S. high yield option-adjusted spread is seen as a promising signal for the S&P 500, supporting bullish expectations as we approach the end of the year. Image: BofA Global Research

Weekly High Yield Fund Flows

Weekly High Yield Fund Flows Over the past week, U.S. high-yield funds experienced their largest outflow in nine weeks, signaling a shift in investor sentiment towards lower-risk assets. Image: BofA Global Research

High Yield Bond Flows

High Yield Bond Flows Persistence outflows from high yield bonds could signal a lack of confidence in the underlying companies and their capacity to fulfill debt obligations, making it a crucial indicator to monitor closely. Image: BofA Global Investment Strategy

Global High Yield Bond Prices

Global High Yield Bond Prices High-yield bonds are often called the “canary in the coal mine”, as they are seen as a leading indicator of the health of the economy. Image: BofA Global Investment Strategy