The bond market is more than Treasuries. Consider munis, mortgage-backed securities, and investment grade debt.

U.S. high-yield corporate bond spreads surged to 401 basis points as of late Thursday, their highest since November 2023, as ...

The options adjusted spread (OAS) on the ICE BofA High Yield Index, which measures the difference in yields between junk bonds and Treasury debt rose from 342 basis points on Wednesday ...