Separates credit-spread stress from outright funding-cost pressure, then checks banks, loans, volatility, and global benchmark 10-year government-yield repricing across flexible horizons.

1. Separate spread stress from the level of risk-free funding costs.
2. Confirm the move through high yield, loans, banks, emerging-market debt, and volatility.
3. Use the global 10-year table to locate sovereign-rate repricing.

Primary inputs: ICE BofA corporate OAS and U.S. Treasury yields via Federal Reserve FRED; Yahoo Finance market confirmation; Trading Economics or fresh Stooq sovereign yields with OECD/FRED structural fallback.