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%.
KEY OBSERVATIONS
For the month of December 2023, the yield on the 10-year US Treasury Note ended at 3.88%, 45 basis points lower from the previous month. The Bloomberg US Corporate Index tightened by 5 basis points to 0.99% over Treasuries. The A Rated Corporate Credit Spread decreased by 3 basis points to 0.85%. The BBB Rated Corporate Credit Spread decreased by 9 basis points to 1.21%.
KEY OBSERVATIONS
For the month of November 2023, the yield on the 10-year US Treasury Note ended at 4.33%, 60 basis points lower from the previous month. The Bloomberg US Corporate Index tightened by 25 basis points to 1.04% over Treasuries. The A Rated Corporate Credit Spread decreased by 25 basis points to 0.88%. The BBB Rated Corporate Credit Spread decreased by 26 basis points to 1.30%.
KEY OBSERVATIONS
For the month of October 2023, the yield on the 10-year US Treasury Note ended at 4.93%, 36 basis points higher from the previous month. The Bloomberg US Corporate Index widened by 8 basis points to 1.29% over Treasuries. The A Rated Corporate Credit Spread increased by 8 basis points to 1.13%. The BBB Rated Corporate Credit Spread increased by 9 basis points to 1.56%.
KEY OBSERVATIONS
For the month of September 2023, the yield on the 10-year US Treasury Note ended at 4.57%, 46 basis points higher from the previous month. The Bloomberg US Corporate Index widened by 3 basis points to 1.21% over Treasuries. The A Rated Corporate Credit Spread increased by 4 basis points to 1.05%. The BBB Rated Corporate Credit Spread increased by 3 basis points to 1.47%.