Credit spread dashboard
Credit spread dashboard - HY, IG, and what the spread picture means
Credit spreads are the market's lie detector. When equities and credit disagree, credit is usually right. A useful credit dashboard shows the current HY OAS and IG spreads, where they sit in cycle history, and how they are transmitting into equity multiples, volatility, and the broader financial-conditions read. Market Ontology's dashboard combines spread levels with the regime overlay and the cross-asset transmission view.
- Live HY OAS
- High-yield option-adjusted spread with current value, 1y range, 5y range.
- Live IG spreads
- Investment-grade corporate spreads and the gap to the high-yield index.
- Financial conditions
- Composite index of credit, equity, vol, and FX conditions.
- Transmission view
- How spread moves are propagating into equity multiples and volatility.
Why credit leads
Equity markets are noisy. Credit is structural. When credit spreads widen sharply while equities are still printing highs, history says equities are catching up - not credit catching down. That is why a credit dashboard is not just a credit-trader's tool; it is one of the highest-information macro reads available.
What you see
- HY OAS (high-yield option-adjusted spread) with cycle context
- IG corporate spreads and the IG/HY gap
- Spread term structure and recent compression or widening
- Financial Conditions Index decomposition
- Cross-asset overlay: how spread moves are showing up in equity multiples, vol, and FX
When the dashboard matters most
- During risk-off episodes, to confirm whether equity weakness is structural or technical
- Around Fed pivots, when credit usually moves before stocks
- When financial conditions are tightening but headlines are still constructive
Start using Market Ontology
Opens in Market Ontology. First uses free, then pay per use.
Do this in Market Ontology
- Model An Equity OfferingAnalyze equity financing assumptions, proceeds and dilution in the issuer's context.
- Compare Debt FinancingAnalyze debt financing terms, interest burden and maturity structure against issuer data.
- Track Financing ActivityFilter financings by issuer, sector and type. Open the terms and source evidence.
- Assess The Financing WindowExamine capital market conditions alongside the issuer's funding needs and timing.