Home / Gauges / Bond fear premium (Fed)
Bond fear premium (Fed)
-38bp on Sep 1, 2026, −11bp versus three months earlier. It’s calm.
- Now
- -38bp calm
- Watch at
- 15bp
- Flashing at
- 75bp
- Source
- Fed excess bond premium
The part of corporate bond spreads that default risk doesn’t explain: what investors charge just for being nervous. Above zero is more nervous than usual. Monthly.
Last 30 readings
| Date | Value | Status |
|---|---|---|
| Sep 1, 2026 | -38bp | calm |
| Aug 1, 2026 | -22bp | calm |
| Jul 1, 2026 | -30bp | calm |
| Jun 1, 2026 | -27bp | calm |
| May 1, 2026 | -36bp | calm |
| Apr 1, 2026 | -19bp | calm |
| Mar 1, 2026 | -25bp | calm |
| Feb 1, 2026 | -25bp | calm |
| Jan 1, 2026 | -25bp | calm |
| Dec 1, 2025 | -20bp | calm |
| Nov 1, 2025 | -19bp | calm |
| Oct 1, 2025 | -24bp | calm |
| Sep 1, 2025 | -28bp | calm |
| Aug 1, 2025 | -14bp | calm |
| Jul 1, 2025 | -19bp | calm |
| Jun 1, 2025 | -17bp | calm |
| May 1, 2025 | -16bp | calm |
| Apr 1, 2025 | -5bp | calm |
| Mar 1, 2025 | 0bp | calm |
| Feb 1, 2025 | -21bp | calm |
| Jan 1, 2025 | -26bp | calm |
| Dec 1, 2024 | -42bp | calm |
| Nov 1, 2024 | -18bp | calm |
| Oct 1, 2024 | -32bp | calm |
| Sep 1, 2024 | -5bp | calm |
| Aug 1, 2024 | 0bp | calm |
| Jul 1, 2024 | -5bp | calm |
| Jun 1, 2024 | 1bp | calm |
| May 1, 2024 | -9bp | calm |
| Apr 1, 2024 | -16bp | calm |