Barclays U.S. High Yield Index

The Barclays U.S. High Yield Index is a benchmark that tracks the performance of a specific group of U.S. companies' bonds that are considered higher risk but offer higher interest rates, called "high-yield" or "junk" bonds. It includes bonds from companies with lower credit ratings, reflecting their greater financial uncertainty. Investors and funds use this index to gauge how high-yield bonds are doing overall in the market, assisting in investment decisions and performance comparisons. It provides a broad snapshot of the high-yield bond segment in the U.S. bond market.