KEY OBSERVATIONS
For the month of June 2023, the yield on the 10-year US Treasury Note ended at 3.84%, 19 basis points higher from the previous month. The Bloomberg US Corporate Index tightened by 15 basis points to 1.23% over Treasuries. The A Rated Corporate Credit Spread decreased by 13 basis points to 1.04%. The BBB Rated Corporate Credit Spread decreased by 17 basis points to 1.52%.
KEY OBSERVATIONS
For the month of May 2023, the yield on the 10-year US Treasury Note ended at 3.65%, 22 basis points higher from the previous month. The Bloomberg US Corporate Index widened by 2 basis points to 1.38% over Treasuries. The A Rated Corporate Credit Spread increased by 1 basis points to 1.17%. The BBB Rated Corporate Credit Spread increased by 3 basis points to 1.69%.
KEY OBSERVATIONS
For the month of April 2023, the yield on the 10-year US Treasury Note ended at 3.43%, 4 basis points lower from the previous month. The Bloomberg US Corporate Index tightened by 2 basis points to 1.36% over Treasuries. The A Rated Corporate Credit Spread decreased by 2 basis points to 1.16%. The BBB Rated Corporate Credit Spread decreased by 2 basis points to 1.66%.
KEY OBSERVATIONS
For the month of March 2023, the yield on the 10-year US Treasury Note ended at 3.47%, 45 basis points lower from the previous month. The Bloomberg US Corporate Index widened by 14 basis points to 1.38% over Treasuries. The A Rated Corporate Credit Spread increased by 14 basis points to 1.18%. The BBB Rated Corporate Credit Spread increased by 17 basis points to 1.68%.
KEY OBSERVATIONS
For the month of February 2023, the yield on the 10-year US Treasury Note ended at 3.92%, 41 basis points higher from the previous month. The Bloomberg US Corporate Index widened by 7 basis points to 1.24% over Treasuries. The A Rated Corporate Credit Spread increased by 7 basis points to 1.04%. The BBB Rated Corporate Credit Spread increased by 7 basis points to 1.51%.
KEY OBSERVATIONS
For the month of January 2023, the yield on the 10-year US Treasury Note ended at 3.51%, 37 basis points lower from the previous month. The Bloomberg US Corporate Index tightened by 13 basis points to 1.17% over Treasuries. The A Rated Corporate Credit Spread decreased by 12 basis points to 0.97%. The BBB Rated Corporate Credit Spread decreased by 15 basis points to 1.44%.