April 2024

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%.