ICE BofA Crossover US Emerging Markets Liquid Corporate Plus Index Semi-Annual Yield to Worst
This dataset tracks ice bofa crossover us emerging markets liquid corporate plus index semi-annual yield to worst over time.
Latest Value
5.94
Year-over-Year Change
-1.33%
Date Range
12/31/2003 - 8/6/2025
Summary
The ICE BofA Crossover US Emerging Markets Liquid Corporate Plus Index Semi-Annual Yield to Worst tracks the yield performance of emerging market corporate bonds with varying credit qualities. 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 a comprehensive measure of corporate bond yields across emerging market sectors, capturing both investment-grade and high-yield debt instruments. Economists and investors use this trend to assess credit market conditions, risk premiums, and potential investment opportunities in developing economies.
Methodology
The index is calculated by Bank of America using a weighted average of semi-annual yield to worst for liquid corporate bonds in emerging markets, accounting for potential early redemption scenarios.
Historical Context
Financial analysts and policymakers use this index to evaluate global credit market trends, assess emerging market financial health, and inform international investment strategies.
Key Facts
- Covers corporate bonds from multiple emerging market economies
- Includes both investment-grade and high-yield debt instruments
- Provides semi-annual yield calculations accounting for potential early redemptions
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, considering potential early redemption scenarios.
Q: Why are emerging market corporate bonds important?
A: Emerging market corporate bonds offer potentially higher returns compared to developed markets, but also carry higher risk due to economic and political uncertainties.
Q: How often is this index updated?
A: The index is calculated on a semi-annual basis, providing periodic snapshots of emerging market corporate bond performance.
Q: Who typically uses this index?
A: Institutional investors, portfolio managers, economic researchers, and international financial analysts use this index to assess emerging market investment opportunities.
Q: What are the limitations of this index?
A: The index may not capture all emerging market bonds and can be influenced by rapid economic changes, currency fluctuations, and geopolitical events.
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Citation
U.S. Federal Reserve, ICE BofA Crossover US Emerging Markets Liquid Corporate Plus Index Semi-Annual Yield to Worst [BAMLEMXOCOLCRPIUSSYTW], retrieved from FRED.
Last Checked: 8/1/2025