US corporate credit spreads, which had widened from September 25 to October 1, showed signs of easing on October 2. During the widening period, the ICE BofA CCC credit spread climbed 87 basis points from 11.28% to 12.15%, the broad high-yield spread rose 31 basis points from 2.93% to 3.24%, and the investment-grade corporate spread increased 5 basis points from 0.81% to 0.86%. On October 2, these spreads eased to 12.02% (CCC), 3.10% (high-yield), and 0.85% (investment-grade) respectively. CryptoSlate noted that while tighter financing could potentially pressure Bitcoin by increasing capital costs and reducing institutional risk-taking, the current spread widening does not yet establish Bitcoin selling or systemic stress.