ICE BofA Non-Financial US Emerging Markets Liquid Corporate Plus Index Semi-Annual Yield to Worst
This dataset tracks ice bofa non-financial us emerging markets liquid corporate plus index semi-annual yield to worst over time.
Latest Value
6.21
Year-over-Year Change
-2.05%
Date Range
12/31/2003 - 8/5/2025
Summary
The ICE BofA Non-Financial US Emerging Markets Liquid Corporate Plus Index Semi-Annual Yield to Worst measures the potential lowest yield of corporate bonds in emerging markets. This metric provides critical insights into corporate bond market risk and potential returns for investors targeting emerging market 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 index represents the yield-to-worst for non-financial corporate bonds in emerging markets, indicating the lowest potential yield an investor might receive. Economists and investors use this metric to assess corporate bond market conditions, risk levels, and potential investment opportunities in emerging economies.
Methodology
The index is calculated by Bank of America using a comprehensive methodology that evaluates liquid corporate bonds in emerging markets, considering various potential scenarios that could result in the lowest possible yield.
Historical Context
This trend is used by central banks, investment firms, and policymakers to understand corporate bond market dynamics and assess economic conditions in emerging markets.
Key Facts
- Measures potential lowest yield for non-financial corporate bonds in emerging markets
- Provides insights into corporate bond market risk and returns
- Used by investors and economists to assess emerging market financial conditions
FAQs
Q: What does 'Yield to Worst' mean?
A: Yield to Worst represents the lowest potential yield an investor might receive from a bond, considering all possible scenarios of early redemption or call options.
Q: Why are emerging market corporate bonds important?
A: Emerging market corporate bonds offer potentially higher returns compared to developed markets, but also come with increased risk and volatility.
Q: How often is this index updated?
A: The index is typically updated semi-annually, providing a periodic snapshot of emerging market corporate bond conditions.
Q: Who uses this index?
A: Investment managers, financial analysts, central banks, and institutional investors use this index to make informed decisions about emerging market investments.
Q: What are the limitations of this index?
A: The index focuses on liquid corporate bonds and may not capture the entire spectrum of emerging market debt, potentially missing less liquid or smaller market segments.
Related News

U.S. Treasury Yields Drop Amid Expectations of Rate Cuts
U.S. Treasury Yields Plummet as Rate Cuts Loom on the Horizon U.S. Treasury Yields are experiencing a significant decline, reaching a five-month low. This drop highlights emerging shifts in the financial landscape, particularly in the context of the 10-year bond rate. Central to this situation is the Federal Reserve's anticipated interest rate cuts, which are making investors reassess their strategies and could have far-reaching effects on the economy. As the financial markets react, understand

Unpredictability of Interest Rate Direction in the United States
Navigating the Unpredictability of Interest Rates Interest rates have turned into one of the most unpredictable elements in the American financial landscape. This unpredictability stems largely from the nuanced decisions of the Federal Reserve, often referred to as the Fed, whose policies ripple through financial markets, influencing borrowing costs for everyone from ambitious entrepreneurs to families securing mortgages. The web of economic indicators, which serves as the backbone for interest

Impact of U.S. Treasury Yields Rise After Fed Rate Cut
The Impact of a Treasury Yield Rise on the U.S. Economy After a Fed Rate Cut The current rise in the 10-year Treasury bond rate has caught the attention of economists, investors, and policymakers alike. Treasury yields, particularly the 10-year Treasury bond rate, act as a key indicator of the economic outlook in the United States. They affect interest rates, the bond market, and expectations for inflation. Understanding their fluctuations can offer insight into financial markets and help guide

Understanding the Federal Reserve's Dot Plot for Interest Rate Predictions
Unveiling the Federal Reserve Dot Plot: A Crucial Tool for Interest Rate Forecasting The Federal Reserve dot plot is a critical tool in understanding how the central bank projects future interest rates and shapes US monetary policy. By examining the dot plot, policymakers and economists gain insights into the anticipated direction of interest rates, guiding financial markets and influencing economic forecasts. Its significance is often highlighted during Federal Open Market Committee (FOMC) mee

Yield curve steepening benefits US value and small-cap stocks
The Steepening Yield Curve in Today's Economy The recent rise in the 10-year U.S. Treasury bond yield sparks renewed interest in its impact on the financial markets. A steepening yield curve, where the gap between short-term and long-term interest rates widens, is grabbing investors' attention. While it usually suggests a positive outlook for economic growth, the implications for different segments of the stock market, such as value and small-cap stocks, can be significant. This shift in the yi

Federal Reserve meeting to discuss US interest rates decisions
Interest Rates and the Federal Reserve's Role The effective federal funds rate is crucial in the Federal Reserve's meetings and decisions on U.S. monetary policy. The Federal Reserve, often called the Fed, plays a significant role in managing the economy's stability. Its meetings are highly anticipated events where crucial decisions about interest rates are made. These discussions significantly affect inflation, unemployment rates, and financial markets. Understanding how these meetings operate
Related Trends
Consumer Price Index for All Urban Consumers: All Items in U.S. City Average
CPIAUCNS
Capacity Utilization: Total Index
TCU
Commercial and Industrial Loans, All Commercial Banks
TOTCI
Share of Foreign Born in Home Owners Loan Corporation (HOLC) Neighborhood A
RLMSHFBHOLCNA
Home Ownership Rate in Home Owners Loan Corporation (HOLC) Neighborhood C
RLMSHHORHOLCNC
Share of Foreign Born in Home Owners Loan Corporation (HOLC) Neighborhood C
RLMSHFBHOLCNC
Citation
U.S. Federal Reserve, ICE BofA Non-Financial US Emerging Markets Liquid Corporate Plus Index Semi-Annual Yield to Worst [BAMLEMNFNFLCRPIUSSYTW], retrieved from FRED.
Last Checked: 8/1/2025