KEY OBSERVATIONS
For the month of September 2024, the yield on the 10-year US Treasury Note ended at 3.78%, 12 basis points lower from the previous month. The Bloomberg US Corporate Index tightened by 4 basis points to 0.89% over Treasuries. The A Rated Corporate Credit Spread decreased by 5 basis points to 0.73%. The BBB Rated Corporate Credit Spread tightened by 3 basis points to 1.11%.
KEY OBSERVATIONS
For the month of August 2024, the yield on the 10-year US Treasury Note ended at 3.90%, 13 basis points lower from the previous month. The Bloomberg US Corporate Index tightened by 1 basis point to 0.93% over Treasuries. The A Rated Corporate Credit Spread decreased by 3 basis points to 0.78%. The BBB Rated Corporate Credit Spread remained the same at 1.14%.
KEY OBSERVATIONS
For the month of July 2024, the yield on the 10-year US Treasury Note ended at 4.03%, 37 basis points lower from the previous month. The Bloomberg US Corporate Index remained the same at 0.94% over Treasuries. The A Rated Corporate Credit Spread remained the same at 0.81%. The BBB Rated Corporate Credit Spread remained the same at 1.14%.
KEY OBSERVATIONS
For the month of June 2024, the yield on the 10-year US Treasury Note ended at 4.40%, 10 basis points lower from the previous month. The Bloomberg US Corporate Index widened by 9 basis points to 0.94% over Treasuries. The A Rated Corporate Credit Spread increased by 9 basis points to 0.81%. The BBB Rated Corporate Credit Spread increased by 10 basis points to 1.14%.
KEY OBSERVATIONS
For the month of May 2024, the yield on the 10-year US Treasury Note ended at 4.50%, 18 basis points lower from the previous month. The Bloomberg US Corporate Index tightened by 2 basis points to 0.85% over Treasuries. The A Rated Corporate Credit Spread decreased by 2 basis points to 0.72%. The BBB Rated Corporate Credit Spread decreased by 3 basis points to 1.04%.
KEY OBSERVATIONS
For the month of April 2024, the yield on the 10-year US Treasury Note ended at 4.68%, 48 basis points higher from the previous month. The Bloomberg US Corporate Index tightened by 3 basis points to 0.87% over Treasuries. The A Rated Corporate Credit Spread decreased by 3 basis points to 0.74%. The BBB Rated Corporate Credit Spread decreased by 3 basis points to 1.07%.
KEY OBSERVATIONS
For the month of March 2024, the yield on the 10-year US Treasury Note ended at 4.20%, 5 basis points lower from the previous month. The Bloomberg US Corporate Index tightened by 6 basis points to 0.90% over Treasuries. The A Rated Corporate Credit Spread decreased by 5 basis points to 0.77%. The BBB Rated Corporate Credit Spread decreased by 8 basis points to 1.10%.
KEY OBSERVATIONS
For the month of February 2024, the yield on the 10-year US Treasury Note ended at 4.25%, 34 basis points higher from the previous month. The Bloomberg US Corporate Index remained the same at 0.96% over Treasuries. The A Rated Corporate Credit Spread remained the same at 0.82%. The BBB Rated Corporate Credit Spread remained the same at 1.18%.
KEY OBSERVATIONS
For the month of January 2024, the yield on the 10-year US Treasury Note ended at 3.91%, 3 basis points higher from the previous month. The Bloomberg US Corporate Index tightened by 3 basis points to 0.96% over Treasuries. The A Rated Corporate Credit Spread decreased by 3 basis points to 0.82%. The BBB Rated Corporate Credit Spread decreased by 3 basis points to 1.18%.