HY vs Treasuries Spread: The Credit Premium Signal That Leads Equity Risk Regimes
Live dashboard: RavenQuant B/B Index HY vs Treasuries spread is a key market regime signal for investors. While the 10-year Treasury yield defines the base risk-free rate, the spread between high-yield corporate debt and Treasuries captures the extra credit risk premium investors demand. When that spread widens, markets are pricing higher default risk and tighter…
