ICE BofA CCC & Lower US High Yield Index Semi-Annual Yield to Worst
This dataset tracks ice bofa ccc & lower us high yield index semi-annual yield to worst over time.
Latest Value
12.28
Year-over-Year Change
-2.46%
Date Range
12/31/1996 - 8/5/2025
Summary
The ICE BofA CCC & Lower US High Yield Index Semi-Annual Yield to Worst tracks the yield performance of the lowest-rated corporate bonds in the U.S. market. This metric provides critical insight into the risk and potential returns of high-risk, high-yield debt instruments.
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 semi-annual yield of corporate bonds rated CCC or lower, which are considered speculative or 'junk' grade investments. Economists and investors use this metric to assess credit market conditions, risk appetite, and potential financial stress in corporate debt markets.
Methodology
The data is calculated by Bank of America using a comprehensive analysis of bond yields for the lowest-rated corporate debt instruments in the U.S. market.
Historical Context
Financial analysts and policymakers use this index to gauge market sentiment, credit risk, and potential economic volatility in corporate debt markets.
Key Facts
- Represents the lowest-rated corporate bonds in the U.S. market
- Provides insight into speculative-grade debt performance
- Serves as an indicator of credit market conditions and risk
FAQs
Q: What does a high yield in this index indicate?
A: A high yield typically suggests increased risk and potential financial stress in the corporate bond market. It reflects higher perceived default risk for low-rated companies.
Q: How do investors use this index?
A: Investors use this index to assess potential returns and risks in high-yield corporate bonds. It helps in making informed investment decisions in speculative debt markets.
Q: What makes a bond qualify for this index?
A: Bonds must be rated CCC or lower by credit rating agencies to be included in this index. These are considered speculative or 'junk' grade investments.
Q: How does this index relate to overall economic conditions?
A: The index can serve as an early warning indicator of economic stress, reflecting companies' ability to service debt and overall market confidence.
Q: How often is this index updated?
A: The index is updated semi-annually, providing a periodic snapshot of high-yield corporate bond market conditions.
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Citation
U.S. Federal Reserve, ICE BofA CCC & Lower US High Yield Index Semi-Annual Yield to Worst [BAMLH0A3HYCSYTW], retrieved from FRED.
Last Checked: 8/1/2025