August 2024

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%.