Macro Yield & Spread Scenario Chart
Interactive rates chart with forward projection. The scenario projects a dotted path into the future instead of changing the historical chart.
Forward Scenario Projection
Enter basis point shocks and projection days. This extends the chart forward from the latest data point, so history stays unchanged and the scenario appears as a projected path.
Projection applies to the visible chart view. Treasury and global yields use percentage point conversion from bps. Credit, swap, and curve spreads are treated as spread units if already in bps or percent based on the series scale.
Current Fixed Income Regime
Rates, Credit, SOFR & Swap Spreads
Last refreshed:
2026-10-18 17:40:35
2026-10-18 17:40:35
Credit Spreads
| Signal | Current | Change | Read |
|---|---|---|---|
| High Yield OASBAMLH0A0HYM2 · 2026-10-15 | 3.23% | -2.0 bp | Tightening: risk appetite is improving. |
| Investment Grade OASBAMLC0A0CM · 2026-10-15 | 0.84% | 0.0 bp | Stable: credit is not sending a major warning. |
| BBB OASBAMLC0A4CBBB · 2026-10-15 | 1.05% | 1.0 bp | Stable: credit is not sending a major warning. |
| BB High Yield OASBAMLH0A1HYBB · 2026-10-15 | 1.97% | -2.0 bp | Tightening: risk appetite is improving. |
SOFR Rates
| Signal | Current | Change | Read |
|---|---|---|---|
| SOFRSOFR · 2026-10-15 | 3.89% | 1.0 bp | Stable: little day to day signal. |
| 30 Day Avg SOFRSOFR30DAYAVG · 2026-10-16 | 3.87% | 0.8 bp | Stable: little day to day signal. |
| 90 Day Avg SOFRSOFR90DAYAVG · 2026-10-16 | 3.73% | 0.3 bp | Stable: little day to day signal. |
| 180 Day Avg SOFRSOFR180DAYAVG · 2026-10-16 | 3.70% | 0.1 bp | Stable: little day to day signal. |
Treasury Yields
| Signal | Current | Change | Read |
|---|---|---|---|
| 3M TreasuryDGS3MO · 2026-10-15 | 4.28% | 0.0 bp | Stable: little day to day signal. |
| 2Y TreasuryDGS2 · 2026-10-15 | 4.77% | -5.0 bp | Lower: rate pressure is easing. |
| 5Y TreasuryDGS5 · 2026-10-15 | 4.91% | -9.0 bp | Lower: rate pressure is easing. |
| 10Y TreasuryDGS10 · 2026-10-15 | 5.10% | -9.0 bp | Lower: rate pressure is easing. |
| 30Y TreasuryDGS30 · 2026-10-15 | 5.43% | -9.0 bp | Lower: rate pressure is easing. |
Swap Spreads
| Signal | Current | Change | Read |
|---|---|---|---|
| 2Y Swap SpreadManual update · 2026-04-26 | 12 bp | — | Near neutral: no extreme signal. |
| 5Y Swap SpreadManual update · 2026-04-26 | -1 bp | — | Near neutral: no extreme signal. |
| 10Y Swap SpreadManual update · 2026-04-26 | -14 bp | — | Near neutral: no extreme signal. |
| 30Y Swap SpreadManual update · 2026-04-26 | -50 bp | — | Negative: swap market is tight versus Treasuries. |
How to read it: Credit spreads show risk appetite, SOFR shows overnight funding pressure, Treasury yields show the rate path, and swap spreads show the relative pressure between swaps and Treasuries.