[from the Federal Reserve Bank of New York]
The Corporate Bond Market Distress Index (CMDI) has updated with data through July 2022 on the New York Fed’s public website.
The CMDI uses weekly metrics to construct an aggregate index of corporate bond market conditions for both the primary and the secondary markets.
The CMDI will be updated regularly at 10:00 a.m. ET on the last Wednesday of each month. Data are available for download. Sign up to receive alerts when the New York Fed posts new content.
July 2022 Update
- Corporate bond market functioning appears healthy, with the overall market-level CMDI below its historical 65th percentile.
- Market functioning continues to be somewhat more strained in the investment-grade segment of the market.
Access the Corporate Bond Market Distress Index.