The trend since 2019.
The current read: Baa-10Y Credit Spread is at 1.59% as of July 2026. Source: FRED/BEA via Indicators IQ.
Why it matters.
This spread widens when investors get nervous about company defaults, which often signals economic trouble ahead. If it stays calm like this, it means credit markets think businesses will keep paying their debts, supporting jobs and loan availability for borrowers.
Where it fits.
Baa-10Y Credit Spread feeds the Credit view — one of the six areas behind the site's Macro IQ score.