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SpreadBench NCSX-IS — AI Infrastructure Bond Issuance Spread Index

ncsx_sector

Read-onlyIdempotent

Context series for the AI-infrastructure credit complex: US high-yield OAS, US investment-grade OAS and related ICE BofA indices, with 30-day change and daily history — use these to compare NCSX-IS against the broader market.

Tool call template

This tool declares no required parameters. Add optional parameters from the input schema as needed.

{
  "id": 1,
  "jsonrpc": "2.0",
  "method": "tools/call",
  "params": {
    "arguments": {},
    "name": "ncsx_sector"
  }
}

Input Schema

NameRequiredDescriptionDefault

No arguments

Schema Changelog

Changes observed during successful MCP inspections.

  1. Added

TDQS

A3.8/5.0
Behavior4/5

Does the description disclose side effects, auth requirements, rate limits, or destructive behavior?

Annotations already declare readOnlyHint=true, idempotentHint=true, destructiveHint=false, and openWorldHint=false, so the safety profile is fully covered without description help. The description adds value beyond that by specifying the payload shape an agent should expect (OAS levels, 30-day change, daily history). It omits units (OAS is normally in basis points) and any note on history depth or freshness, which keeps it from a 5.

Agents need to know what a tool does to the world before calling it. Descriptions should go beyond structured annotations to explain consequences.

Conciseness4/5

Is the description appropriately sized, front-loaded, and free of redundancy?

It is a single dense sentence with the resource named first and the intended use trailing, so the important content is front-loaded. Every clause carries information (index families, 30-day change, daily history, comparison use), though the em-dash construction makes it slightly harder to scan than a two-sentence split would.

Shorter descriptions cost fewer tokens and are easier for agents to parse. Every sentence should earn its place.

Completeness4/5

Given the tool's complexity, does the description cover enough for an agent to succeed on first attempt?

With no parameters, no output schema, and strong annotation coverage, the description carries the burden of telling the agent what comes back, and it does: index family, change window, and history granularity. The main residual gap is that it never states units or the relationship to the NCSX-IS series it is meant to benchmark against, which an agent would need to interpret results.

Complex tools with many parameters or behaviors need more documentation. Simple tools need less. This dimension scales expectations accordingly.

Parameters4/5

Does the description clarify parameter syntax, constraints, interactions, or defaults beyond what the schema provides?

The tool takes zero parameters, so there is nothing for the description to disambiguate; the baseline for a parameterless tool is 4. Nothing in the description misleads about inputs, and it correctly implies the tool is unfiltered and returns a fixed set of series.

Input schemas describe structure but not intent. Descriptions should explain non-obvious parameter relationships and valid value ranges.

Purpose4/5

Does the description clearly state what the tool does and how it differs from similar tools?

The description names a concrete resource (context series for the AI-infrastructure credit complex) and enumerates its contents: US high-yield OAS, US IG OAS, related ICE BofA indices, 30-day change, and daily history. That is more specific than the tool name 'ncsx_sector' alone, which would not have told an agent what series come back. It does not contrast itself with siblings like ncsx_index or ncsx_curve, so it falls short of a 5.

Agents choose between tools based on descriptions. A clear purpose with a specific verb and resource helps agents select the right tool.

Usage Guidelines3/5

Does the description explain when to use this tool, when not to, or what alternatives exist?

Usage is implied by one phrase: 'use these to compare NCSX-IS against the broader market.' That gives a purpose context but no explicit when-to-use/when-not-to-use rules and no routing among the seven sibling tools, some of which (ncsx_index, ncsx_bond, ncsx_curve) plausibly overlap. An agent can infer the use case but must guess at alternatives.

Agents often have multiple tools that could apply. Explicit usage guidance like "use X instead of Y when Z" prevents misuse.

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