Junk Bond Spreads The 4th Tightest To Start A Year Since 1998 By: TalkMarkets January 04, 2018 at 15:40 PM EST Are Junk Bonds expensive? The Bank of America investment grade credit spread is at 98 basis points which is the tightest since June 2007. Read More >> Related Stocks: JNK Russell 2000 Ishares ETF Tanzanian Royalty Exploration Corporation