April 2023

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%.