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BBB bond spread
BBB bond spread is 1.1% and has been rising over the last 3 months. That is in its normal range: higher than 62% of readings since 2023.
Latest (latest reading)
1.1%
As of
Nov 12, 2026
3-month change
+13 bps
1-year change
+6 bps
20-year percentile
62nd
20-year median
1.1%
What it is. Extra yield on the lowest investment-grade bonds, the biggest slice of the market. A higher reading means more credit stress in the Credit reading.
What it affects next
BBB bond spread is rising: 1.1% (+13 bps in 3 months, 62nd percentile of the last 20 years). Here is what has tended to follow, based on links the data backs up.
No tested downstream links to trace yet.
What is driving it
None of its tested drivers is moving much right now.
Source: ICE BofA via FRED (series BAMLC0A4CBBB). This series is copyrighted by its provider and shown here for educational, non-commercial use.