Credit & Financial Stressdaily
HY Effective Yield
HY corporate bond effective yield, total return required by junk bond investors.
6.87%
1W -0.15%1M -5.24%3M -5.24%
Updated 9m agoCredit markets are often the first to signal trouble. Widening high-yield spreads and rising financial stress indexes have historically led equity drawdowns by weeks or months. Tracking these gauges helps identify when risk appetite is contracting and defensive positioning is warranted.
Updated just now
Recent Data
| Date | Value | Change |
|---|---|---|
| Apr 13, 2026 | 6.87% | -0.29% |
| Apr 10, 2026 | 6.89% | +0.88% |
| Apr 9, 2026 | 6.83% | -0.73% |
| Apr 8, 2026 | 6.88% | -2.82% |
| Apr 7, 2026 | 7.08% | +0.28% |
| Apr 6, 2026 | 7.06% | -1.12% |
| Apr 3, 2026 | 7.14% | +0.00% |
| Apr 2, 2026 | 7.14% | +0.00% |
| Apr 1, 2026 | 7.14% | -1.52% |
| Mar 31, 2026 | 7.25% | — |
Related in Credit & Financial Stress
HY Credit Spread (OAS)
ICE BofA High Yield Option-Adjusted Spread, the market's price of default risk.
IG Credit Spread (OAS)
ICE BofA Investment Grade OAS, credit stress in high-quality corporate bonds.
IG Effective Yield
IG corporate bond effective yield, cost of investment-grade corporate borrowing.
BBB Credit Spread
BBB-rated corporate bond OAS, the lowest rung of investment grade.
Explore Further
Forecast 2026
HY Effective Yield Outlook
Scenario-weighted forecast using regime implied approach.
Comparison
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Comparison
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Category
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Frequently Asked Questions
▶What is HY Effective Yield?
HY corporate bond effective yield, total return required by junk bond investors.
▶How does HY Effective Yield relate to credit & financial stress?
HY Effective Yield is part of the Credit & Financial Stress category. Credit markets are often the first to signal trouble. Widening high-yield spreads and rising financial stress indexes have historically led equity drawdowns by weeks or months. Tracking these gauges helps identify when risk appetite is contracting and defensive positioning is warranted.
▶How often is HY Effective Yield updated?
HY Effective Yield is updated once per day after market close. Each metric page on Convex shows the exact time of the last data update and provides historical data going back up to five years.
▶Where does Convex source HY Effective Yield data?
Convex sources HY Effective Yield data from the Federal Reserve Economic Data (FRED) API, maintained by the Federal Reserve Bank of St. Louis. Data is fetched automatically and displayed alongside interactive charts, AI analysis, and historical context.
▶What can I do on the HY Effective Yield chart page?
The HY Effective Yield page includes an interactive chart with selectable time ranges (1 month to 5 years), percentage changes over multiple timeframes, a table of recent readings, AI-generated analysis, and links to related metrics and comparisons.
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Data sourced from FRED, CoinGecko, CBOE, CFTC, and EIA. Updated daily. This page is for informational purposes only and does not constitute financial advice.