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F1 · FINANCIAL STRESS

High-yield credit spread (ICE BofA US High Yield OAS)

2.71
STALE ROBUST DRS 95 daily as of 2026-06-23

This tile is stale: the value shown is the last one the source published, never a fabricated current number.

The full history

2023 high 4.61 · low 2.61 · now 2.71 2026

How it is read

What it measures
financial stress
Confidence
ROBUST : a primary official series, mechanically reported.
Reliability (DRS)
DRS 95: FRED redistributes only the trailing ~3 years of this ICE series. Z-scores use the available window; disclosed on the Methodology page.

Where it comes from

FRED ↗ Every number on this site is reproducible from this primary source.

What it read at past stress points

Lehman, Sep 2008 no data: series began later
Q4-2018 selloff no data: series began later
Curve inversion, Aug 2019 no data: series began later
COVID crash, Mar 2020 no data: series began later

Questions it helps answer

  • The Ledge : How high is the market, and what is under it?