credit-market-scanner

What problem does it solve? Credit investors need a systematic way to monitor high-yield bond markets and surface stressed or distressed opportunities before they are widely recognized, instead of manually tracking spreads, covenants, and default signals across hundreds of issuers. ## Core Features & Use Cases - Universe Screening: Filter HY bonds by OAS, rating band, sector, and face value, then classify names into stressed, distressed, or defaulted bands. - Default Risk Scoring: Compute Altman Z-Score components and flag names below the 1.81 distress threshold, plus track 30/90/365-day spread movements for widening alerts. - New Issuance Monitoring: Compare upcoming HY deal pricing against existing comps to identify concessions and relative value. - Use Case: A credit special situations fund runs a weekly scan with criteria OAS >500 bps and BB-to-CCC ratings, receiving a ranked list of distressed names with thesis bullets, covenant breach warnings, and spread expansion alerts. ## Quick Start Scan the high-yield bond market for issuers with OAS above 500 basis points and flag any names that crossed into distressed territory this month.