ICE BofA B & Lower US Emerging Markets Liquid Corporate Plus Index Semi-Annual Yield to Worst
This dataset tracks ice bofa b & lower us emerging markets liquid corporate plus index semi-annual yield to worst over time.
Latest Value
8.62
Year-over-Year Change
-4.96%
Date Range
12/31/2003 - 8/5/2025
Summary
The ICE BofA B & Lower US Emerging Markets Liquid Corporate Plus Index Semi-Annual Yield to Worst measures the yield performance of lower-rated corporate bonds in emerging markets. This metric provides critical insights into credit risk and investment potential in developing economic regions.
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 index tracks the yield characteristics of corporate bonds rated B and lower within emerging market contexts, offering a comprehensive view of high-yield debt instruments. Economists and investors use this metric to assess credit market conditions, risk premiums, and potential returns in developing economies.
Methodology
The index is calculated semi-annually by Bank of America, aggregating yield data from liquid corporate bonds in emerging markets with ratings below investment grade.
Historical Context
Financial analysts and policymakers use this index to evaluate credit market dynamics, investment risks, and potential economic opportunities in emerging market environments.
Key Facts
- Focuses on lower-rated corporate bonds in emerging markets
- Provides semi-annual yield measurements
- Helps assess credit market conditions in developing economies
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, accounting for potential early redemption scenarios.
Q: Why are emerging market bonds considered riskier?
A: Emerging market bonds typically carry higher risk due to potential political instability, currency fluctuations, and less developed financial infrastructure compared to developed markets.
Q: How often is this index updated?
A: The index is calculated and updated semi-annually, providing periodic snapshots of corporate bond performance in emerging markets.
Q: Who uses this index?
A: Institutional investors, portfolio managers, economic researchers, and financial analysts use this index to evaluate investment opportunities and assess market risks.
Q: What are the limitations of this index?
A: The index only covers liquid corporate bonds rated B and lower, which means it doesn't represent the entire spectrum of emerging market debt instruments.
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Citation
U.S. Federal Reserve, ICE BofA B & Lower US Emerging Markets Liquid Corporate Plus Index Semi-Annual Yield to Worst [BAMLEM4RBLLCRPIUSSYTW], retrieved from FRED.
Last Checked: 8/1/2025