KEY OBSERVATIONS
For the month of December 2020, the yield on the 10-year US Treasury Note ended at 0.92%, 8 basis points higher from the previous month. The Bloomberg Barclays US Corporate Index tightened by 8 basis points to 0.96% over Treasuries. The A Rated Corporate Credit Spread decreased by 6 basis points to 0.73%. The BBB Rated Corporate Credit Spread tightened by 12 basis points to 1.21%.
KEY OBSERVATIONS
For the month of November 2020, the yield on the 5-year US Treasury Note ended at 0.36%, 3 basis points lower from the previous month. The Bloomberg Barclays US High Yield Index tightened by 97 basis points to 4.12% over Treasuries. The BB Rated Corporate Credit Spread decreased by 77 basis points to 2.96%. The B Rated Corporate Credit Spread tightened by 99 basis points to 4.33%. The CCC Rated Corporate Credit Spread decreased by 177 basis points to 8.56%.
KEY OBSERVATIONS
For the month of October 2020, the yield on the 10-year US Treasury Note ended at 0.88%, 19 basis points higher from the previous month. The Bloomberg Barclays US Corporate Index tightened by 11 basis points to 1.25% over Treasuries. The A Rated Corporate Credit Spread decreased by 10 basis points to 0.94%. The BBB Rated Corporate Credit Spread tightened by 13 basis points to 1.60%.
KEY OBSERVATIONS
For the month of September 2020, the yield on the 10-year US Treasury Note ended at 0.69%, 2 basis points lower from the previous month. The Bloomberg Barclays US Corporate Index widened by 7 basis points to 1.36% over Treasuries. The A Rated Corporate Credit Spread increased by 7 basis points to 1.04%. The BBB Rated Corporate Credit Spread widened by 6 basis points to 1.73%.
Key Observations
For the month of August 2020, the yield on the 10-year US Treasury Note ended at 0.71%, 18 basis points higher from the previous month. The Bloomberg Barclays US Corporate Index tightened by 4 basis points to 1.29% over Treasuries. The A Rated Corporate Credit Spread remained the same at 0.97%. The BBB Rated Corporate Credit Spread tightened by 6 basis points to 1.67%
KEY OBSERVATIONS
For the month of July 2020, the yield on the 10-year US Treasury Note ended at 0.53%, 13 basis points lower from the previous month. The Bloomberg Barclays US Corporate Index tightened by 17 basis points to 1.33% over Treasuries. The A Rated Corporate Credit Spread decreased by 16 basis points to 0.97%. The BBB Rated Corporate Credit Spread tightened by 21 basis points to 1.73%.
KEY OBSERVATIONS
For the month of June 2020, the yield on the 10-year US Treasury Note ended at 0.66%, 1 basis point higher from the previous month. The Bloomberg Barclays US Corporate Index tightened by 24 basis points to 1.50% over Treasuries. The A Rated Corporate Credit Spread decreased by 18 basis points to 1.13%. The BBB Rated Corporate Credit Spread tightened by 34 basis points to 1.94%
KEY OBSERVATIONS
For the month of May 2020, the yield on the 10-year US Treasury Note ended at 0.65%, 1 basis points higher from the previous month. The Bloomberg Barclays US Corporate Index tightened by 28 basis points to 1.74% over Treasuries. The A Rated Corporate Credit Spread decreased by 22 basis points to 1.31%. The BBB Rated Corporate Credit Spread tightened by 36 basis points to 2.28%.
Key Observations
For the month of April 2020, the yield on the 10-year US Treasury Note ended at 0.64%, 3 basis points lower from the previous month. The Bloomberg Barclays US Corporate Index tightened by 70 basis points to 2.02% over Treasuries. The A Rated Corporate Credit Spread decreased by 58 basis points to 1.53%. The BBB Rated Corporate Credit Spreads tightened by 89 basis points to 2.64%.
KEY OBSERVATIONS
For the month of March 2020, the yield on the 10-year US Treasury Note ended at 0.67%, 48 basis points lower from the previous month. The Bloomberg Barclays US Corporate Index widened by 150 basis points to 2.72% over Treasuries. The A Rated Corporate Credit Spread increased by 115 basis points to 2.11%. The BBB Rated Corporate Credit Spreads widened by 199 basis points to 3.53%.