High-Yield Bond Index Shows 230-Basis-Point Yield Premium
Photo: TokenPost
The ICE BofA U.S. High Yield Index closed Tuesday with an effective yield of 8.21%, while the ICE BofA U.S. Corporate Index stood at 5.91%. The 2.30-percentage-point difference equals 230 basis points, showing the distance between the two benchmark readings. These figures apply to the named indexes, rather than every U.S. bond in either rating category. On May 14, 2025, the high-yield index’s effective yield was 7.28%, compared with 5.37% for the corporate index. Their difference was 1.91 percentage points, making the Oct. 20 gap 39 basis points wider than that earlier reading.
Source: TokenPost
