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 AAA Credit Spreads	40,37	0.01739	-100	-100
+	US  Health Care Credit Spreads	82,41	0.00844	-100	-100
	US  Health Care Equipment & Services Credit Spreads	90,79	0.00532%	-100	-100	-2.09395
+	US  Non-Financials A Credit Spreads	74,24	0.0076	-100	-100
+	US  Industrials Credit Spreads	85,32	0.00388	-100	-100
	US  Construction & Materials Credit Spreads	94,01	0.00395%	-100	-100	-2.05516
	+US  Industrial Goods & Services Credit Spreads	84,78	0.00391%	-100	-100	-2.53422
	US  Industrial Engineering Credit Spreads	59,18	0.01128%	-100	-100	-2.15368
	US  Industrial Transportation Credit Spreads	89,49	0.01016%	-100	-100	-2.1664
	US  Aerospace & Defense Credit Spreads	101,88	0.00424%	-100	-100	-2.02199
	US  General Industrials Credit Spreads	70,73	-0.00408%	-100	-100	-3.15497
	US  Support Services Credit Spreads	74,68	-0.00942%	-100	-100	-3.18056
	US  Electronic & Electrical Equipment Credit Spreads	80,28	-0.01449%	-100	-100	-2.58171
+	US  Telecommunications Credit Spreads	95,54	0.00357	-100	-100
	US  Fixed Line Telecommunications Credit Spreads	94,53	0.00575%	-100	-100	-2.73455
	US  Mobile Telecommunications Credit Spreads	97,82	-0.00112%	-100	-100	-2.57295
+	US  Technology Credit Spreads	76,32	0.00342	-100	-100
	US  Software & Computer Services Credit Spreads	77,12	0.00731%	-100	-100	-2.56161
	US  Technology Hardware & Equipment Credit Spreads	75,50	-0.00053%	-100	-100	-1.17286
+	US  Insurance Senior Credit Spreads	94,04	0.00288	-100	-100
+	US  Basic Materials Credit Spreads	111,24	0.00252	-100	-100
	US  Chemicals Credit Spreads	113,70	0.00522%	-100	-100	-2.00962
	+US  Basic Resources Credit Spreads	109,26	0.00027%	-100	-100	-2.30885
	US  Gold Mining Credit Spreads	98,08	0.00688%	-100	-100	-2.26117
	US  Industrial Metals Credit Spreads	112,24	0.00367%	-100	-100	-1.53501
	US  Forestry & Paper Credit Spreads	127,56	-0.00824%	-50	-100	-2.26426
+	US  Consumer Goods Credit Spreads	87,81	0.00046	-100	-100
	+US  food & beverage Credit Spreads	77,21	0.00403%	-100	-100	-2.69856
	US  Food Producers Credit Spreads	87,44	0.00703%	-100	-100	-2.77926
	+US  Personal & Household Goods Credit Spreads	94,14	0.00234%	-100	-100	-2.76779
	US  Household Goods Credit Spreads	66,48	0.00758%	-100	-100	-2.58648
	US  Tobacco Credit Spreads	106,46	0.00264%	-100	-100	-2.68571
	US  Personal Goods Credit Spreads	82,33	0.00146%	-50	-100	-1.11685
	US  Leisure Goods Credit Spreads	100,93	-0.00816%	-100	-100	-2.98529
	US  Automobiles & Parts Credit Spreads	103,63	-0.00614%	-100	-100	-1.91436
+	US  Non-Financials AA Credit Spreads	55,55	0	-100	-100
+	US  Non-Financials BBB Credit Spreads	112,39	-0.0024	-100	-100
+	US  Utilities Credit Spreads	97,84	-0.00285	-100	-100
	US  Electricity Credit Spreads	99,07	-0.00282%	-100	-100	-2.6526
	US  Gas, Water & Multiutilities Credit Spreads	89,81	-0.00443%	-100	-100	-2.78062
+	US  Financials Credit Spreads	87,83	-0.00476	-100	-100
	US  Nonlife Insurance Credit Spreads	100,34	0.0037%	-100	-100	-2.82648
	US  Insurance Credit Spreads	99,45	-0.0005%	-100	-100	-2.90102
	US  Real Estate Credit Spreads	96,67	-0.00114%	-100	-100	-3.31492
	US  Financial Services Credit Spreads	81,43	-0.00282%	-100	-100	-2.86175
	US  Life Insurance Credit Spreads	98,62	-0.00444%	-100	-100	-2.9012
	US  Banks Credit Spreads	85,28	-0.0071%	-100	-100	-3.11034
+	US  Consumer Services Credit Spreads	102,81	-0.00484	-100	-100
	US  Travel & Leisure Credit Spreads	90,13	0.00367%	-100	-100	-2.14972
	+US  Retail Credit Spreads	82,28	0.00366%	-100	-100	-1.56174
	US  Food & Drug Retailers Credit Spreads	119,83	0.00842%	-100	-75	-0.66691
	US  General Retailers Credit Spreads	65,64	0.0003%	-100	-100	-2.17502
	US  Media Credit Spreads	134,98	-0.01388%	-100	-100	-3.43796
+	US  Oil & Gas Credit Spreads	105,05	-0.0054	-100	-100
	US  Oil & Gas Producers Credit Spreads	95,68	-0.00406%	-100	-100	-1.53891
	US  Oil Equipment, Services & Distribution Credit Spreads	114,45	-0.00625%	-100	-100	-2.75781
+	US  Banks Senior Credit Spreads	77,15	-0.00669	-100	-100
+	US  Banks Subordinated Credit Spreads	118,22	-0.00864	-100	-100
+	US  Insurance Subordinated Credit Spreads	119,62	-0.00969	-100	-100

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.