Skip to main content

Contributions to the Cleveland Financial Stress Index: Commercial Paper minus T-Bill Spread

2015-08-31: 1.42 Units of Stress  
Daily, Not Seasonally Adjusted, CPTBSD678FRBCLE, Updated: 2015-09-01 2:38 PM CDT
1yr | 5yr | 10yr | Max

This chart shows the contribution of the commercial paper -T-Bill Spread to the CFSI. This spread measures the difference between the 90-Day financial commercial paper rate and the 90-Day US Treasury Yield. It captures the short-term risk premium on financial companies' debt. A widening spread signals increases in the underlying risk of financial companies' operations.

Source: Federal Reserve Bank of Cleveland

Release: Cleveland Financial Stress Index

Growth Rate Calculations | US recession dates

Restore defaults | Save settings | Apply saved settings
Recession bars:
Log scale:
Show:


Y-Axis Position:
(a) Contributions to the Cleveland Financial Stress Index: Commercial Paper minus T-Bill Spread, Units of Stress, Not Seasonally Adjusted (CPTBSD678FRBCLE)
 
Integer Period Range:

copy to all
Create your own data transformation: [+]
Need help? [+]

Use a formula to modify and combine data series into a single line. For example, invert an exchange rate a by using formula 1/a, or calculate the spread between 2 interest rates a and b by using formula a - b.

Use the assigned data series variables above (e.g. a, b, ...) together with operators {+, -, *, /, ^}, braces {(,)}, and constants {e.g. 2, 1.5} to create your own formula {e.g. 1/a, a-b, (a+b)/2, (a/(a+b+c))*100}. The default formula 'a' displays only the first data series added to this line. You may also add data series to this line before entering a formula.

will be applied to formula result

Create segments for min, max, and average values: [+]


Graph Data

Suggested Citation
Federal Reserve Bank of Cleveland, Contributions to the Cleveland Financial Stress Index: Commercial Paper minus T-Bill Spread [CPTBSD678FRBCLE], retrieved from FRED, Federal Reserve Bank of St. Louis https://research.stlouisfed.org/fred2/series/CPTBSD678FRBCLE/, September 2, 2015.





Retrieving data.
Graph updated.

Subscribe to our newsletter


Follow us

Twitter logo Google Plus logo Facebook logo YouTube logo LinkedIn logo
Back to Top
Click to send us feedback