Posts in Figure 1
Chart: Figure 1: Baa-Treasury Credit Spread (1925-2025, extended)
- 19 August 2026
Extension of Figure I past the paper’s 2015 sample end, through the most recent available FRED data.
Chart: Figure 1: Baa-Treasury Credit Spread (1925-2015)
- 19 August 2026
Interactive replication of Figure I: the monthly Baa-Treasury credit spread over the 1925-2015 sample, with NBER recessions shaded.
Chart: Figure 1 (Aaa variant): Aaa-Treasury Credit Spread (1925-2025, extended)
- 19 August 2026
Aaa-spread extension of Figure I through the most recent available FRED data.
Chart: Figure 1 (Aaa variant): Aaa-Treasury Credit Spread (1925-2015)
- 19 August 2026
Analogous to Figure I, using the Aaa (instead of Baa) corporate bond spread.