Key Observations
For the month of December 2017, the yield on the 10-year US Treasury ended at 2.41%, unchanged from the previous month. The Bloomberg Barclays US Corporate Index tightened by 4 basis points to 0.93% over Treasuries. The A Rated Corporate Credit Spread decreased by 3 basis points to 0.73%. The BBB Rated Corporate Credit Spreads tightened by 4 basis points to 1.24%.