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Credit & Financial Stressdaily

BB HY OAS

ICE BofA BB-rated high-yield OAS, the highest-quality junk bond tier.

The BB HY OAS is currently 175 bps, last updated .

175 bps
1W -2.23%1M -12.50%3M -15.05%
Updated 3h ago
All formats →

Financial conditions indexes are the Fed's dashboard. The Chicago Fed's NFCI blends over 100 inputs spanning equity volatility, credit spreads, funding stress, and leverage. Real yields across the TIPS curve reveal the true cost of capital after inflation, while liquidity measures (reverse repo, TGA, reserves) show whether the system is flush or stressed. Together they form the transmission belt from policy rate to real economy.

Updated 3h ago

Recent Data

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DateValueChange
Apr 16, 2026175 bps+1.16%
Apr 15, 2026173 bps+0.58%
Apr 14, 2026172 bps-3.91%
Apr 13, 2026179 bps+1.13%
Apr 10, 2026177 bps+1.14%
Apr 9, 2026175 bps-1.69%
Apr 8, 2026178 bps-7.29%
Apr 7, 2026192 bps+3.23%
Apr 6, 2026186 bps-4.12%
Apr 3, 2026194 bps-2.02%
Apr 2, 2026198 bps+0.51%
Apr 1, 2026197 bps-5.29%
Mar 31, 2026208 bps-6.31%
Mar 30, 2026222 bps+1.83%
Mar 27, 2026218 bps+9.55%
Mar 26, 2026199 bps+2.05%
Mar 25, 2026195 bps-0.51%
Mar 24, 2026196 bps-0.51%
Mar 23, 2026197 bps-1.50%
Mar 20, 2026200 bps-1.96%
Mar 19, 2026204 bps+2.00%
Mar 18, 2026200 bps-0.99%
Mar 17, 2026202 bps-1.94%
Mar 16, 2026206 bps—

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.
HY Effective Yield
HY corporate bond effective yield, total return required by junk bond investors.
IG Effective Yield
IG corporate bond effective yield, cost of investment-grade corporate borrowing.

Explore Further

Forecast 2026
BB HY OAS Outlook
Scenario-weighted forecast using regime implied approach.
Category
All Financial Conditions Data
NFCI, ANFCI, financial stress indexes, credit spreads, liquidity plumbing, and real yields across the TIPS curve. The co...

Frequently Asked Questions

▶What is BB HY OAS?
ICE BofA BB-rated high-yield OAS, the highest-quality junk bond tier.
▶How does BB HY OAS relate to credit & financial stress?
BB HY OAS is part of the Credit & Financial Stress category. Financial conditions indexes are the Fed's dashboard. The Chicago Fed's NFCI blends over 100 inputs spanning equity volatility, credit spreads, funding stress, and leverage. Real yields across the TIPS curve reveal the true cost of capital after inflation, while liquidity measures (reverse repo, TGA, reserves) show whether the system is flush or stressed. Together they form the transmission belt from policy rate to real economy.
▶How often is BB HY OAS updated?
BB HY OAS 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 BB HY OAS data?
Convex sources BB HY OAS 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 BB HY OAS chart page?
The BB HY OAS 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.