📊 HY Spreads: 3bp (widened 0bp over 13 weeks)

📊 HY Spreads: 3bp (widened 0bp over 13 weeks) <svg xmlns="http://www.w3.org/2000/svg" width="300" height="56" viewBox="0 0 300 56" style="display:block;margin-top:0.4rem;opacity:0.85"><rect width="300" height="56" fill="none"/><polyline points="8.0,18.7 20.3,18.7 32.7,34.7 45.0,24.0 57.4,16.0 69.7,8.0 82.1,24.0 94.4,29.3 106.8,40.0 119.1,40.0 131.5,45.3 143.8,48.0 156.2,45.3 168.5,45.3 180.9,40.0 193.2,45.3 205.6,48.0 217.9,37.3 230.3,40.0 242.6,34.7 255.0,37.3 267.3,29.3 279.7,24.0 292.0,29.3" fill="none" stroke="#818cf8" stroke-width="2" stroke-linecap="round" stroke-linejoin="round"/></svg>

Stable high-yield spreads at 3bp signal low credit stress over 13 weeks.