Auto-generated. This article is rebuilt from app/signals/config/signal_definitions.json by scripts/build_signals_kb.py. Edit the registry entry and re-run the script — do not edit this file directly.

Credit Stress

What it is

Credit Stress — registry key credit_stress.

Derived composite label; HY OAS + NFCI drive the actual credit implication.

Data-pyramid tier

T3 — Lens. This metric sits at the lens layer of the platform’s six-tier data pyramid (T0 raw inputs → T5 actionable read). The tier reflects how far the value is from a raw measurement — not how strongly it is validated. Abstraction and validation are separate axes: a higher tier is not a claim of stronger evidence.

Horizon & validation

No validated skill horizon is on file for this metric — read it as context / a data carrier, not a validated edge. Stamps are added only when a gated research verdict lands.

Source

Source module: credit
Data source: back_fillable

Fetched directly from app/sources/credit.py; see source code for the upstream API call and any provider-specific handling.

How it’s computed

Composite credit-stress score combining HY OAS level + change-rate vs trailing baseline. See app/sources/credit.py:_compute_credit_stress.

Where it surfaces

• API field: signals.credit_stress on GET /api/v1/signals/latest
• Surface: daily_signals row (daily-cadence persistence)
• Surface: change markers in the rendered report

Health-score / alignment role

Display-only — has bands for surface labeling but does not contribute to the health score (scoring is handled by a companion metric).

Release cadence

• Publishes: daily
• Lag days: 1

cadence corrected 2026-06-12 (PR-4/L1-6): band label over hy_oas (credit.py band_for) — inherits hy_oas’s daily T-1 FRED cadence; was mislabeled intraday (and the old note’s ‘HY OAS / NFCI composite’ claim did not match the producer).

See also

• /kb/api/get-signals-latest — API endpoint that serves this field.