CONVEX
Sign in
Credit & Financial Stressdaily

Single-B HY OAS

ICE BofA single-B high-yield OAS, the mid-tier junk bond cohort.

ByConvex Research Desk·Edited byBen Bleierⓘ·

The Single-B HY OAS is currently 295 bps, last updated .

295 bps
1W +0.00%1M -3.28%3M -5.14%
Updated 2h ago
All formats →
Statistical forecast 2026
Model-based central estimate, 68% and 95% confidence bands for Single-B HY OAS, blended across current macro regimes.
View forecast →
Download dataCSV (full history)·JSON (latest)·View on FRED ↗
Start here
Check the chart
Range controls, thresholds, and trend.
Scan recent data
Latest observations and changes.
Continue analysis
Forecasts, comparisons, and related signals.

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 2h ago

Recent Data

Download CSV
DateValueChange
Jun 1, 2026295 bps-1.34%
May 31, 2026299 bps+0.67%
May 29, 2026297 bps+0.34%
May 28, 2026296 bps+0.34%
May 27, 2026295 bps-1.01%
May 26, 2026298 bps-1.00%
May 25, 2026301 bps+0.00%
May 22, 2026301 bps-1.31%
May 21, 2026305 bps-0.97%
May 20, 2026308 bps-2.53%
May 19, 2026316 bps+1.61%
May 18, 2026311 bps+0.97%
May 15, 2026308 bps+1.32%
May 14, 2026304 bps-1.94%
May 13, 2026310 bps+0.32%
May 12, 2026309 bps+1.64%
May 11, 2026304 bps-0.98%
May 8, 2026307 bps+0.66%
May 7, 2026305 bps+1.33%
May 6, 2026301 bps-0.99%
May 5, 2026304 bps-0.33%
May 4, 2026305 bps+0.00%
May 1, 2026305 bps-1.93%
Apr 30, 2026311 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
Single-B 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 Single-B HY OAS?
ICE BofA single-B high-yield OAS, the mid-tier junk bond cohort.
▶How does Single-B HY OAS relate to credit & financial stress?
Single-B 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 Single-B HY OAS updated?
Single-B 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 Single-B HY OAS data?
Convex sources Single-B 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 Single-B HY OAS chart page?
The Single-B 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.
ShareXRedditLinkedInHN

Get daily macro analysis covering Single-B HY OAS and related indicators delivered to your inbox.

Data sourced from FRED, CoinGecko, CBOE, CFTC, and EIA. Updated daily. This page is for informational purposes only and does not constitute financial advice.