ICE BofA 3-5 Year US Corporate Index Semi-Annual Yield to Worst

BAMLC2A0C35YSYTW • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

4.48

Year-over-Year Change

-3.03%

Date Range

10/25/2021 - 8/6/2025

Summary

The ICE BofA 3-5 Year US Corporate Index Semi-Annual Yield to Worst tracks the lowest potential yield for corporate bonds in the 3-5 year maturity range. This metric provides critical insight into corporate debt market conditions and investor risk expectations.

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 yield metric represents the minimum potential return an investor can expect from corporate bonds within a specific maturity segment. Economists and investors use it to assess corporate credit risk, market sentiment, and potential investment returns.

Methodology

The index is calculated by Bank of America using a comprehensive sampling of corporate bonds, measuring the lowest potential yield across different market scenarios.

Historical Context

This trend is used by central banks, investment managers, and policymakers to evaluate corporate credit markets and potential economic stress indicators.

Key Facts

  • Covers corporate bonds with 3-5 year maturities
  • Provides a conservative yield estimate for investors
  • Reflects current market risk and credit conditions

FAQs

Q: What does 'Yield to Worst' mean?

A: Yield to Worst represents the lowest potential yield an investor can receive from a bond without the issuer defaulting. It accounts for potential scenarios like early redemption or call options.

Q: Why are 3-5 year corporate bonds significant?

A: This maturity range represents a medium-term investment horizon that balances potential returns with moderate risk, making it attractive for many institutional and individual investors.

Q: How often is this index updated?

A: The index is typically updated semi-annually, providing a periodic snapshot of corporate bond market conditions and potential yields.

Q: How do changes in this index impact investment strategies?

A: Fluctuations in the yield can signal shifts in corporate credit risk, influencing investment allocation decisions and portfolio management strategies.

Q: What are the limitations of this index?

A: The index focuses on a specific maturity range and does not represent the entire corporate bond market, so it should be used in conjunction with other market indicators.

Related Trends

Citation

U.S. Federal Reserve, ICE BofA 3-5 Year US Corporate Index Semi-Annual Yield to Worst [BAMLC2A0C35YSYTW], retrieved from FRED.

Last Checked: 8/1/2025