The latest Federal Reserve Board survey indicates U.S. banks may be growing more concerned about credit quality.

The Fed said Wednesday that the average spread between banks' riskiest and safest business loans narrowed 9 basis points last month from August, to 118, but widened when foreign lenders were excluded. The average spread for all domestic banks was up 13 basis points, to 172.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.