ICE BofA High Yield Emerging Markets Corporate Plus Index Semi-Annual Yield to Worst
BAMLEMHBHYCRPISYTW • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.24
Year-over-Year Change
-4.61%
Date Range
10/25/2021 - 8/6/2025
Summary
The ICE BofA High Yield Emerging Markets Corporate Plus Index Semi-Annual Yield to Worst measures the potential lowest yield for high-yield corporate bonds in emerging markets. This metric provides critical insights into the risk and return characteristics of corporate debt in developing economies.
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 represents the yield to worst for high-yield corporate bonds from emerging market issuers, capturing potential returns under less favorable market scenarios. Economists and investors use this metric to assess credit risk, market sentiment, and investment potential in emerging market corporate debt.
Methodology
The index is calculated by Bank of America using a comprehensive methodology that evaluates corporate bonds from emerging markets, considering potential scenarios that might result in the lowest possible yield.
Historical Context
This trend is used by central banks, investment firms, and policymakers to gauge credit market conditions and investment risks in emerging economies.
Key Facts
- Measures potential lowest yield for high-yield emerging market corporate bonds
- Provides insight into credit risk and market conditions
- Useful for assessing investment potential in developing economies
FAQs
Q: What does 'Yield to Worst' mean?
A: Yield to Worst represents the lowest potential yield an investor might receive from a bond without the issuer defaulting, considering various scenarios like early redemption.
Q: Why are emerging market corporate bonds considered high-yield?
A: Emerging market corporate bonds typically offer higher yields due to increased economic and political risks compared to bonds from more stable, developed markets.
Q: How often is this index updated?
A: The index is calculated semi-annually, providing periodic snapshots of high-yield corporate bond conditions in emerging markets.
Q: Who uses this index?
A: Institutional investors, financial analysts, central banks, and policymakers use this index to assess investment risks and market conditions in emerging economies.
Q: What are the limitations of this index?
A: The index represents a specific segment of corporate bonds and may not capture the entire complexity of emerging market financial landscapes.
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Citation
U.S. Federal Reserve, ICE BofA High Yield Emerging Markets Corporate Plus Index Semi-Annual Yield to Worst [BAMLEMHBHYCRPISYTW], retrieved from FRED.
Last Checked: 8/1/2025