Interest Rates · Corporate bonds and credit

BAA Corporate Bond Spread over 10-Year Treasury

Moody's seasoned BAA corporate bond yield minus the 10-year Treasury yield: a long-running measure of credit risk.

• BAA minus 10-year: 1.46% (Oct 5, 2026).
• A year earlier: 1.66% (Oct 3, 2025), a change of −0.20 pts.
• Highest in the last 400 days: 1.85% (Mar 16, 2026); lowest: 1.39% (Sep 23, 2026).

Moody's data is copyrighted and reprinted on FRED with permission, so this chart shows the last 400 days, as every third-party series on this site does. The full history is on FRED.

Source: FRED BAA10Y (Moody's Seasoned Baa Corporate Bond Yield Relative to Yield on 10-Year Treasury Constant Maturity). Federal Reserve Bank of St. Louis. Moody's Seasoned Baa Corporate Bond Yield Relative to Yield on 10-Year Treasury Constant Maturity: copyrighted by its owner and reprinted on FRED with permission; retrieved from FRED, Federal Reserve Bank of St. Louis.

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