Financial Conditions
Observed funding, leverage and credit conditions
National Financial Conditions Index-0.46As of Oct 30, 2026
NFCI Leverage Subindex0.17As of Oct 30, 2026
Investment-Grade Credit OAS0.93%As of Nov 6, 2026
High-Yield Credit OAS3.42%As of Nov 6, 2026
Series in this section
Choose a series to chart it. Each value belongs to the observation date shown.
| Series | Latest | As of | vs prior obs. | 1-month change | Chart |
|---|---|---|---|---|---|
| National Financial Conditions Indexweekly · NFCI | -0.46 | Oct 30, 2026 | +0.01 pts | +0.05 pts | |
| NFCI Leverage Subindexweekly · NFCILEVERAGE | 0.17 | Oct 30, 2026 | −0.00 pts | +0.04 pts | |
| Secured Overnight Financing Ratedaily · SOFR | 3.89% | Nov 6, 2026 | −3 bp | +1 bp | |
| Investment-Grade Credit OASdaily · BAMLC0A0CM | 0.93% | Nov 6, 2026 | 0 bp | +11 bp | |
| High-Yield Credit OASdaily · BAMLH0A0HYM2 | 3.42% | Nov 6, 2026 | −6 bp | +33 bp | |
| Reserve Balancesweekly · WRESBAL | $2,930.1bn | Nov 4, 2026 | +$36.3bn | −$18.0bn |
National Financial Conditions Index
National Financial Conditions Index NFCI Leverage Subindex
Observed values, not projections. Each line uses its own observation dates. Both series share the same units.
Observation log · National Financial Conditions Index
499 published observations with a change
| Date | Value | Change vs prior obs. |
|---|---|---|
| Oct 30, 2026 | -0.46 | +0.01 pts |
| Oct 23, 2026 | -0.47 | +0.03 pts |
| Oct 16, 2026 | -0.49 | +0.01 pts |
| Oct 9, 2026 | -0.50 | +0.01 pts |
| Oct 2, 2026 | -0.51 | +0.00 pts |
| Sep 25, 2026 | -0.51 | +0.04 pts |
| Sep 18, 2026 | -0.55 | +0.00 pts |
| Sep 11, 2026 | -0.56 | +0.00 pts |
| Sep 4, 2026 | -0.56 | +0.00 pts |
| Aug 28, 2026 | -0.56 | −0.00 pts |
How to read this section
The Financial Conditions Index is published weekly; credit spreads and overnight rates use different observation cadences.
Dates, cadences, values and changes are displayed as published. One-month changes require a comparable historical observation; missing observations are not filled in.