iShares iBoxx Investment Grade Corporate Bond ETF. Broader credit conditions signal than HY; IG deterioration affects a larger swath of corporate America. IG spreads widening = systemic credit stress.
Investment-grade bonds are held by pension funds and insurance companies. IG spread widening shows institutional risk appetite is falling — a leading indicator for equity multiple compression.
| Factor family | Credit |
| Relative weight | Supporting |
| Update cadence | Daily |
| Modeled lead | ~3 weeks (a modeling assumption, not a validated finding) |
| Data source | YFINANCE |
The lead time above is a design assumption, not an out-of-sample-validated relationship for a specific security or index. This is one Credit input among 47; it measures macro context, not a full investment thesis.
XLF · KRE · SPY · IWM · HYG · TLT
| Date | Score | Status |
|---|---|---|
| 2026-09-06 | 37/100 | ● Neutral |
| 2026-09-05 | 37/100 | ● Neutral |
| 2026-09-04 | 37/100 | ● Neutral |
| 2026-09-03 | 34/100 | ▼ Bearish |
| 2026-09-02 | 31/100 | ▼ Bearish |
| 2026-09-01 | 40/100 | ● Neutral |
| 2026-08-31 | 41/100 | ● Neutral |
Unstructured Alpha weighs Investment Grade Credit (LQD ETF) alongside 46 other macro signals to build a Confluence Score for each stock. See how this signal is currently shaping the macro backdrop for the tickers you follow.
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Scores are derived from macro signals (FRED, EIA, SEC filings, FINRA short interest)
and updated as new data arrives. This is not financial advice. Past signal accuracy
does not guarantee future results.
unstructuredalpha.com · Not financial advice