Indicator Terminal View
Integrated Brief
As of 2026-10-13, the Investment Grade Credit Spread (ICE BofA IG OAS) stood at 83.0 bps, unchanged from the prior reading, at the 43rd percentile of the past 5 years. The extra yield investment-grade US corporate bonds pay over comparable Treasuries: the option-adjusted spread of the ICE BofA US Corporate Index. FRED publishes it as BAMLC0A0CM, daily on business days with roughly a one-business-day lag, the same cadence as the site's tracked hy-spread (BAMLH0A0HYM2). Read alone it only says whether IG borrowing costs are cheap or expensive. Charted against hy-spread, the gap between the two is the real signal: it shows whether credit stress is confined to junk-rated borrowers or has spread up into investment grade.
Core Print
Current Interpretation
IG Spread read 83.0 bps on 2026-10-13 (0.0 bps vs prior reading). Based on its standardized historical distribution (z-score), current positioning reflects a "neutral range". Check related plumbing indicators to evaluate broader systemic conditions.
Source: FRED · BAMLC0A0CM. Refreshed every 6 hours and free to access via the JSON API.
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IG Spread is shown for context and does not enter the DLI score.
Read the full guide to IG Spread: what it measures, how to read it, and the common mistakes.