August 2019

Key Observations
For the month of August 2019, the yield on the 5-year US Treasury Note ended at 1.39%, 44 basis points lower from the previous month. The Bloomberg Barclays US High Yield Index widened by 22 basis points to 3.93% over Treasuries. The BB Rated Corporate Credit Spread decreased by 3 basis points to 2.21%. The B Rated Corporate Credit Spreads widened by 32 basis points to 4.05%. The CCC Rated Corporate Credit Spread increased by 100 basis points to 9.74%.