Monitor US Corporate Credit Spreads dynamics

Explore the performance of US corporate credit spreasds for US sectors and industries. Monitor each sector's corporate credit spreads by different metrics including daily returns, Momentum, Trend etc. Click on a specific sector to explore MacroVar research for the specific sector. Sign Up free to access MacroVar analytics for a specific industry and the global financial markets and economies. Learn more about MacroVar research methodology and sector analysis.

% Change Momentum Trend Extremes

1 day 1 week 1 month 3 months 6 months 1 year

	Industry	Price	24h%	Momentum	Trend	Exhaustion	Last 20 Days
+	US  Insurance Subordinated Credit Spreads	160,44	0.00306	100	-100
+	US  Banks Subordinated Credit Spreads	160,52	-0.00385	0	-100
+	US  Insurance Senior Credit Spreads	116,39	-0.00572	50	-75
+	US  Financials Credit Spreads	119,12	-0.00717	0	-100
	US  Life Insurance Credit Spreads	127,85	-0.00008%	100	-100	-1.43011
	US  Insurance Credit Spreads	125,34	-0.0035%	100	-75	-1.35166
	US  Real Estate Credit Spreads	133,51	-0.00381%	0	-75	-1.42703
	US  Nonlife Insurance Credit Spreads	122,76	-0.00696%	50	-75	-1.25555
	US  Financial Services Credit Spreads	105,16	-0.0083%	0	-100	-1.4535
	US  Banks Credit Spreads	119,03	-0.00841%	0	-100	-1.6668
+	US  Industrials Credit Spreads	102,45	-0.00832	50	-50
	+US  Industrial Goods & Services Credit Spreads	102,12	-0.00835%	50	-50	-0.85613
	US  Electronic & Electrical Equipment Credit Spreads	103,01	-0.00445%	50	-50	-1.20771
	US  Industrial Transportation Credit Spreads	106,88	-0.00614%	100	-50	-0.86934
	US  General Industrials Credit Spreads	91,92	-0.00616%	50	-50	-1.06923
	US  Aerospace & Defense Credit Spreads	114,02	-0.00973%	50	-25	-0.44145
	US  Support Services Credit Spreads	100,96	-0.01194%	50	-50	-1.09462
	US  Industrial Engineering Credit Spreads	71,49	-0.01624%	50	-25	-0.65089
	US  Construction & Materials Credit Spreads	107,80	-0.00846%	50	-50	-1.08201
+	US  Non-Financials BBB Credit Spreads	136,79	-0.00848	50	-75
+	US  Consumer Services Credit Spreads	122,78	-0.00944	50	-25
	US  Travel & Leisure Credit Spreads	110,53	-0.00701%	100	-50	-0.95536
	+US  Retail Credit Spreads	93,28	-0.00935%	50	-50	-0.95974
	US  General Retailers Credit Spreads	82,19	-0.00868%	50	-25	-0.81545
	US  Food & Drug Retailers Credit Spreads	120,97	-0.01063%	0	-75	-1.3059
	US  Media Credit Spreads	165,49	-0.0107%	50	-25	-0.37287
+	US  Basic Materials Credit Spreads	136,13	-0.00953	50	-75
	US  Chemicals Credit Spreads	136,24	-0.007%	0	-75	-1.60579
	+US  Basic Resources Credit Spreads	136,04	-0.0117%	50	-50	-1.23215
	US  Forestry & Paper Credit Spreads	159,89	-0.00868%	100	-50	-1.13781
	US  Industrial Metals Credit Spreads	138,96	-0.01468%	100	-75	-1.29398
	US  Gold Mining Credit Spreads	134,64	-0.01816%	50	-50	-1.1674
+	US  Consumer Goods Credit Spreads	109,08	-0.00971	50	-50
	US  Automobiles & Parts Credit Spreads	118,90	-0.00627%	-50	-100	-1.72963
	+US  food & beverage Credit Spreads	96,30	-0.01068%	50	-50	-0.80167
	US  Food Producers Credit Spreads	112,29	-0.00821%	50	-50	-0.95526
	+US  Personal & Household Goods Credit Spreads	124,23	-0.0113%	50	-75	-1.17763
	US  Leisure Goods Credit Spreads	138,03	0.00576%	50	-75	-0.46483
	US  Household Goods Credit Spreads	81,81	-0.0039%	0	-75	-1.29164
	US  Personal Goods Credit Spreads	89,42	-0.01106%	50	50	0.45793
	US  Tobacco Credit Spreads	151,10	-0.01422%	0	-100	-1.33733
+	US  Banks Senior Credit Spreads	108,80	-0.01001	-50	-100
+	US  Technology Credit Spreads	92,79	-0.01003	50	-50
	US  Software & Computer Services Credit Spreads	101,63	-0.00829%	50	-75	-1.06328
	US  Technology Hardware & Equipment Credit Spreads	84,37	-0.01206%	50	-50	-0.87939
+	US  Health Care Credit Spreads	96,81	-0.01012	50	-50
	US  Health Care Equipment & Services Credit Spreads	103,99	-0.0065%	50	-50	-0.85127
+	US  Telecommunications Credit Spreads	118,53	-0.01027	50	-75
	US  Mobile Telecommunications Credit Spreads	120,01	-0.00736%	50	-75	-1.26946
	US  Fixed Line Telecommunications Credit Spreads	117,90	-0.01149%	50	-75	-1.22814
+	US  Utilities Credit Spreads	126,06	-0.01044	50	-75
	US  Gas, Water & Multiutilities Credit Spreads	116,45	-0.00953%	50	-75	-1.19774
	US  Electricity Credit Spreads	127,55	-0.01047%	50	-75	-1.23204
+	US  Oil & Gas Credit Spreads	121,89	-0.01176	0	-100
	US  Oil & Gas Producers Credit Spreads	107,93	-0.01%	50	-100	-1.28708
	US  Oil Equipment, Services & Distribution Credit Spreads	137,46	-0.01342%	0	-100	-1.32628
+	US  Non-Financials AA Credit Spreads	66,02	-0.01182	50	-25
+	US  Non-Financials A Credit Spreads	89,91	-0.01252	50	-25
+	US  Non-Financials AAA Credit Spreads	48,09	-0.02415	0	-50

Credit Spreads Sector Analysis

MacroVar analyzes each sector's stock performance in conjuction with the bond market. Bonds analysis is used to monitor the market sentiment for a sector's credit risk. During periods of increasing sector risk, a sector's credit spreads rise before any moves in the stock market. Hence, MacroVar analyzes both markets to identify arbitrage opportunities. Iboxx fixed income indices are used to monitor sector credit spreads. MacroVar analyzes each sector's credit spreads by estimating three major quantitative indicators: 1. Momentum, 2. Trend and 3. Trend exhaustion. MacroVar also monitors the credit default swaps market. MacroVar analyzes each stock sector's performance by estimating three major quantitative indicators: 1. Momentum, 2. Trend and 3. Trend Exhaustion.

Corporate credit spreads are a vital indicator of economic health, providing insights into the risk perceptions and financial stability of various sectors and subsectors in the United States. This analysis delves into the dynamics of corporate credit spreads, examining key sectors and their subsectors to gain a comprehensive understanding of the current economic landscape.

Understanding Corporate Credit Spreads

Corporate credit spreads represent the additional yield investors demand to hold corporate bonds over risk-free government securities of the same maturity. A higher spread indicates greater perceived risk and, consequently, potentially lower creditworthiness. Here, we explore how credit spreads vary across different sectors, reflecting the strengths and weaknesses of each.