56) Over the Past Three Months, How Have the Terms Under Which High-Yield Corporate Bonds Are Funded Changed?| A. Terms for Average Clients | 4. Collateral Spreads over Relevant Benchmark (Effective Financing Rates). | Answer Type: Eased Somewhat
ALLQ56A4ESNR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
N/A%
Date Range
10/1/2011 - 1/1/2025
Summary
Tracks changes in funding terms for high-yield corporate bonds for average clients. Provides critical insight into riskier credit market segments.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This indicator measures shifts in high-yield bond funding terms, specifically focusing on collateral spreads. It reflects lending conditions for more speculative corporate debt.
Methodology
Survey-based data collection from financial institutions tracking bond market conditions.
Historical Context
Used by investors to assess risk and lending dynamics in high-yield markets.
Key Facts
- Indicates easing in high-yield bond terms
- Reflects average client lending conditions
- Signals potential changes in credit risk
FAQs
Q: What does 'eased somewhat' mean?
A: Suggests slightly more favorable lending terms for high-yield corporate bonds.
Q: Why are high-yield bond terms important?
A: They provide insight into credit market risk and lending conditions for less creditworthy borrowers.
Q: How do collateral spreads impact lending?
A: They reflect the additional risk premium required for less secure corporate borrowing.
Q: Who monitors these bond funding terms?
A: Investors, risk managers, and financial analysts track these indicators closely.
Q: What does this series tell about market conditions?
A: Indicates potential changes in credit market appetite for riskier corporate debt.
Related Trends
66) Over the Past Three Months, How Have the Terms Under Which Non-Agency RMBS Are Funded Changed?| A. Terms for Average Clients | 1. Maximum Amount of Funding. | Answer Type: Eased Considerably
SFQ66A1ECNR
35) Over the Past Three Months, How Have the Price Terms (for Example, Financing Rates) Offered to Nonfinancial Corporations as Reflected Across the Entire Spectrum of Securities Financing and OTC Derivatives Transaction Types Changed, Regardless of Nonprice Terms?| Answer Type: Remained Basically Unchanged
CTQ35RBUNR
66) Over the Past Three Months, How Have the Terms Under Which Non-Agency RMBS Are Funded Changed?| A. Terms for Average Clients | 1. Maximum Amount of Funding. | Answer Type: Tightened Considerably
SFQ66A1TCNR
39) Over the Past Three Months, How Has the Volume of Mark and Collateral Disputes with Clients of Each of the Following Types Changed?| A. Dealers and Other Financial Intermediaries. | Answer Type: Increased Considerably
CTQ39AICNR
9) Considering the Entire Range of Transactions Facilitated by Your Institution for Such Clients, How Has the Availability of Additional (and Currently Unutilized) Financial Leverage Under Agreements Currently in Place with Hedge Funds (for Example, Under Prime Broker, Warehouse Agreements, and Other Committed but Undrawn or Partly Drawn Facilities) Changed over the Past Three Months?| Answer Type: Decreased Considerably
ALLQ09DCNR
56) Over the Past Three Months, How Have the Terms Under Which High-Yield Corporate Bonds Are Funded Changed?| B. Terms for Most Favored Clients, as a Consequence of Breadth, Duration And/or Extent of Relationship | 4. Collateral Spreads over Relevant Benchmark (Effective Financing Rates). | Answer Type: Tightened Somewhat
ALLQ56B4TSNR
Citation
U.S. Federal Reserve, High-Yield Bond Funding Terms (ALLQ56A4ESNR), retrieved from FRED.