Credit Spread Calculator
Difference between corporate and Treasury yields
How to Use This Calculator
Input the current corporate bond yield and the comparable Treasury yield. Click Calculate to see the credit spread.
Formula
Credit Spread = Corporate Yield − Treasury Yield
Expressed in % or basis points (1% = 100 bps).
About Credit Spreads
Credit spreads compensate investors for credit risk relative to risk-free Treasuries and widen or tighten with market conditions.
Frequently Asked Questions
Which Treasury should I use?
Use a Treasury with similar maturity to the corporate bond for a like-for-like comparison.