All terms

Glossary

High-Yield Spread

The extra yield a junk-rated corporate bond pays above a comparable Treasury. Wider spreads signal credit stress — investors are demanding more compensation for default risk. A leading indicator of equity market stress.

From: Debt

Related terms

Free Weekly Money Guide

One money concept at a time.

Base Camp is a free weekly email that explains money in plain English.

Subscribing creates a free GenHedge account so we can send you the letter. No password needed. By continuing you confirm you are 13 or older and agree to our Terms and Privacy Policy. Unsubscribe whenever you like.

Free forever. Unsubscribe anytime.

Educational definitions. Not financial advice.