ICE BofA 10-15 Year US Corporate Index Effective Yield

BAMLC7A0C1015YEY • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

5.35

Year-over-Year Change

-3.43%

Date Range

10/22/2021 - 8/5/2025

Summary

The ICE BofA 10-15 Year US Corporate Index Effective Yield represents the average yield of investment-grade corporate bonds with 10-15 year maturities. This metric provides critical insight into corporate borrowing costs and overall market sentiment for medium-term corporate debt.

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 index tracks the effective interest rate for investment-grade corporate bonds in the 10-15 year maturity range, reflecting corporate credit market conditions. Economists and investors use this metric to assess corporate borrowing costs, credit market health, and potential economic trends.

Methodology

The index is calculated by Bank of America using a weighted average methodology that considers the yields of qualifying corporate bonds within the specified maturity range.

Historical Context

This yield trend is used by policymakers, investors, and financial analysts to evaluate corporate credit markets, assess economic conditions, and make investment and monetary policy decisions.

Key Facts

  • Covers investment-grade corporate bonds with 10-15 year maturities
  • Provides insight into medium-term corporate borrowing costs
  • Reflects broader economic and credit market conditions

FAQs

Q: What does this yield index indicate about the corporate bond market?

A: The index shows the average yield for investment-grade corporate bonds, reflecting borrowing costs and market sentiment for medium-term corporate debt.

Q: How do changes in this yield impact investors?

A: Rising yields can indicate higher borrowing costs for corporations, while falling yields might suggest more favorable credit conditions or lower perceived risk.

Q: What makes this index unique compared to other bond yield measures?

A: This specific index focuses on a narrow 10-15 year maturity range for investment-grade corporate bonds, providing a targeted view of corporate credit markets.

Q: How do policymakers use this yield index?

A: Central banks and economic policymakers analyze this index to understand corporate credit conditions and potential implications for broader economic trends.

Q: How frequently is this index updated?

A: The index is typically updated daily, reflecting real-time changes in corporate bond market conditions and yields.

Related Trends

Citation

U.S. Federal Reserve, ICE BofA 10-15 Year US Corporate Index Effective Yield [BAMLC7A0C1015YEY], retrieved from FRED.

Last Checked: 8/1/2025