Credit & Financial Stressdaily
High Yield Credit (HYG)
iShares iBoxx High Yield Corporate Bond ETF.
$80.5
1W +0.98%1M +1.18%3M +1.18%
Updated 0m 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
AI Analysis
Apr 14, 2026The highest-conviction divergence is the credit-equity gap (HYG -4.3% vs SPY 20D) — historically equities follow credit lower within 2-6 weeks.
Recent Data
| Date | Value | Change |
|---|---|---|
| Apr 14, 2026 | $80.5 | +0.30% |
| Apr 13, 2026 | $80.26 | +0.38% |
| Apr 11, 2026 | $79.96 | +0.00% |
| Apr 10, 2026 | $79.96 | -0.40% |
| Apr 9, 2026 | $80.28 | +0.70% |
| Apr 8, 2026 | $79.72 | -0.01% |
| Apr 7, 2026 | $79.73 | +0.03% |
| Apr 6, 2026 | $79.7 | +0.18% |
| Apr 5, 2026 | $79.56 | +0.00% |
| Apr 4, 2026 | $79.56 | — |
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
High Yield Credit (HYG) Outlook
Scenario-weighted forecast using regime implied approach.
Comparison
HY Bonds vs IG Bonds (ETFs)
HYG holds junk-rated corporate bonds while LQD holds investment grade. Their relative performance directly measures how ...
Comparison
High Yield Bonds (HYG) vs S&P 500
HYG and SPY usually trade in sync because both reflect risk appetite. Divergence signals trouble: HYG weakening while SP...
Comparison
High Yield (HYG) vs Long Treasury (TLT)
HYG/TLT is one of the cleanest risk-on versus risk-off signals. HYG outperformance signals credit-cycle health, tighteni...
Comparison
High Yield (HYG) vs Short Treasury (SHY)
HYG/SHY strips out most duration to isolate HY credit risk premium. HYG outperformance signals credit spreads tightening...
Comparison
VSTOXX vs HYG
VSTOXX captures European equity volatility while HYG reflects US credit risk appetite. VSTOXX rising while HYG remains s...
Comparison
Net Liquidity Index vs High Yield (HYG)
Net Liquidity aggregates Fed balance sheet, TGA, and RRP to estimate system liquidity. HYG reflects risk appetite in cre...
Comparison
Risk Appetite Index vs High Yield (HYG)
CRAI aggregates cross-asset risk appetite signals. When HYG moves and CRAI confirms, credit risk appetite is aligned wit...
Comparison
St. Louis Financial Stress vs High Yield (HYG)
STLFSI4 combines multiple Treasury and credit market stress measures. HYG is the credit-specific ETF. When STLFSI4 rises...
Comparison
Technology (XLK) vs High Yield (HYG)
XLK and HYG are both risk-on assets but with different drivers. XLK responds to growth and duration; HYG responds to cre...
Comparison
Financials (XLF) vs High Yield (HYG)
Banks benefit from tight HY spreads (strong credit) and suffer during spread widening. XLF and HYG typically correlate p...
Comparison
Utilities (XLU) vs High Yield (HYG)
Utilities and HY typically move in opposite directions because XLU is defensive while HYG is risk-on. When XLU rises wit...
Scenario
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Scenario
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Category
All Credit & Financial Stress Data
Credit spreads, financial stress indexes, and default risk indicators. Monitor high-yield spreads, the TED spread, and s...
Frequently Asked Questions
▶What is High Yield Credit (HYG)?
iShares iBoxx High Yield Corporate Bond ETF.
▶How does High Yield Credit (HYG) relate to credit & financial stress?
High Yield Credit (HYG) 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 High Yield Credit (HYG) updated?
High Yield Credit (HYG) 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 High Yield Credit (HYG) data?
Convex sources High Yield Credit (HYG) data from live market data providers including CoinGecko for crypto and major exchanges for equities and commodities. Data is fetched automatically and displayed alongside interactive charts, AI analysis, and historical context.
▶What can I do on the High Yield Credit (HYG) chart page?
The High Yield Credit (HYG) 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.