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  Non-Financials A Credit Spreads	76,66	0	0	-100
+	US  Non-Financials BBB Credit Spreads	112,84	0	0	-100
+	US  Banks Senior Credit Spreads	80,60	0	0	-100
+	US  Banks Subordinated Credit Spreads	124,52	0	0	-100
+	US  Insurance Senior Credit Spreads	92,56	0	-50	-100
+	US  Insurance Subordinated Credit Spreads	121,75	0	-50	-100
+	US  Oil & Gas Credit Spreads	105,55	0	-50	-100
	US  Oil & Gas Producers Credit Spreads	97,30	0%	-50	-100	-1.05754
	US  Oil Equipment, Services & Distribution Credit Spreads	113,83	0%	-50	-100	-1.88443
+	US  Basic Materials Credit Spreads	110,18	0	-100	-100
	US  Chemicals Credit Spreads	114,01	0%	-50	-100	-1.57014
	+US  Basic Resources Credit Spreads	107,11	0%	-100	-100	-1.8785
	US  Forestry & Paper Credit Spreads	123,40	0%	-100	-100	-1.9136
	US  Industrial Metals Credit Spreads	108,61	0%	-100	-100	-1.58773
	US  Gold Mining Credit Spreads	97,82	0%	-100	-100	-1.78965
+	US  Industrials Credit Spreads	86,20	0	0	-100
	US  Construction & Materials Credit Spreads	94,33	0%	-50	-100	-1.57166
	+US  Industrial Goods & Services Credit Spreads	85,63	0%	-50	-100	-1.66643
	US  Aerospace & Defense Credit Spreads	101,27	0%	-50	-100	-1.80945
	US  General Industrials Credit Spreads	72,75	0%	0	-100	-1.80079
	US  Electronic & Electrical Equipment Credit Spreads	82,16	0%	0	-100	-1.59604
	US  Industrial Engineering Credit Spreads	58,73	0%	-50	-100	-1.74917
	US  Industrial Transportation Credit Spreads	91,80	0%	0	-100	-1.35059
	US  Support Services Credit Spreads	75,05	0%	0	-100	-2.02212
+	US  Consumer Goods Credit Spreads	87,62	0	-50	-100
	US  Automobiles & Parts Credit Spreads	105,45	0%	0	-100	-1.25298
	+US  Personal & Household Goods Credit Spreads	90,42	0%	-50	-100	-2.18179
	US  Household Goods Credit Spreads	68,05	0%	0	-100	-1.61953
	US  Personal Goods Credit Spreads	67,63	0%	-100	-100	-2.45306
	US  Tobacco Credit Spreads	104,81	0%	-50	-100	-2.05895
	US  Leisure Goods Credit Spreads	102,59	-0.01261%	-50	-100	-1.97748
	+US  food & beverage Credit Spreads	77,88	-0.01393%	-50	-100	-1.81013
	US  Food Producers Credit Spreads	87,10	0%	-100	-100	-1.97178
+	US  Health Care Credit Spreads	86,81	0	0	-75
	US  Health Care Equipment & Services Credit Spreads	94,22	0%	0	-75	-1.09308
+	US  Consumer Services Credit Spreads	104,56	0	0	-100
	+US  Retail Credit Spreads	84,57	0%	0	-100	-1.07082
	US  Food & Drug Retailers Credit Spreads	121,56	0%	0	-50	-0.56412
	US  General Retailers Credit Spreads	67,89	0%	0	-100	-1.41596
	US  Media Credit Spreads	137,31	0%	0	-100	-1.82244
	US  Travel & Leisure Credit Spreads	88,54	0%	-100	-100	-1.78824
+	US  Utilities Credit Spreads	97,26	0	-100	-100
	US  Gas, Water & Multiutilities Credit Spreads	90,09	-0.00924%	-50	-100	-1.76852
	US  Electricity Credit Spreads	98,35	-0.00957%	-100	-100	-1.8568
+	US  Technology Credit Spreads	79,93	0	0	-100
	US  Software & Computer Services Credit Spreads	79,85	-0.0131%	-50	-100	-1.56693
	US  Technology Hardware & Equipment Credit Spreads	80,01	-0.01949%	-50	-75	-0.5613
+	US  Financials Credit Spreads	90,19	-0.00847	-50	-100
	US  Real Estate Credit Spreads	95,31	0%	-100	-100	-2.16638
	US  Financial Services Credit Spreads	81,86	-0.00788%	-50	-100	-1.8757
	US  Banks Credit Spreads	89,36	-0.0081%	-50	-100	-1.77242
	US  Nonlife Insurance Credit Spreads	97,70	-0.00953%	-100	-100	-2.08818
	US  Insurance Credit Spreads	98,55	-0.01134%	-100	-100	-1.95132
	US  Life Insurance Credit Spreads	99,40	-0.01301%	-50	-100	-1.81368
+	US  Telecommunications Credit Spreads	95,88	-0.01307	-50	-100
	US  Mobile Telecommunications Credit Spreads	100,15	-0.01018%	-50	-100	-1.61031
	US  Fixed Line Telecommunications Credit Spreads	93,98	-0.01437%	-100	-100	-1.98878
+	US  Non-Financials AA Credit Spreads	57,82	-0.02166	-50	-100
+	US  Non-Financials AAA Credit Spreads	44,39	-0.02994	-50	-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.