Last updated: October 31, 2026

Bond exit pricing: yields and spreads that set what a sale brings

Current Treasury yields, corporate bond yields, and credit spreads from ICE BofA indexes published via FRED, with long-run default rates for context.

There is no single published "bond exit price." A bond holder who sells before maturity receives the market price on that day, and that price is set by two moving parts: the Treasury yield for the same maturity, and the credit spread — the extra yield buyers demand for holding that issuer's debt instead of Treasuries. When yields rise, prices fall, so a seller exits at a lower price; when spreads widen, lower-rated debt falls further than high-rated debt. This page tracks those two parts, by rating and by maturity, so a reader can see what an exit would be priced off, without pretending a single exit quote exists. One basis point equals 0.01 percentage points. Spreads below are option-adjusted spreads (OAS) over the Treasury curve.

The figures

How to read these numbers

Included: ICE BofA index effective yields and option-adjusted spreads by rating and by maturity, Treasury constant-maturity yields, the effective federal funds rate, and the 10-year breakeven inflation rate, all as compiled from FRED on October 28, 2026, plus S&P long-run default averages. Excluded: individual bond quotes, dealer bid-ask spreads, and any single-bond exit price — none is published as a market-wide figure, and an index average is not a quote on any one bond. Index yields are averages across many issuers; a holder selling one bond will face that bond's own maturity, coupon, rating, and liquidity. Spreads are shown over the Treasury curve, so a widening spread means buyers demand more extra yield, which pushes the sale price down even if Treasury yields stand still.

Disclaimer: Yield and spread levels move every business day, and past yields do not predict future prices. Figures on this page are aggregated public estimates assembled for information only. They are not investment advice, legal advice, or a professional opinion on any specific bond, issuer, or sale. Original reporting and the underlying indexes remain the work of the sources linked above; this page summarizes their published figures with attribution and adds no proprietary dataset.

Changelog

• October 2026: Initial edition — ICE BofA yields and spreads by rating and maturity, Treasury yields, policy rate, breakeven inflation, and long-run default rates as of October 28, 2026 established.

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