August 2025

KEY OBSERVATIONS
For the month of August 2025, the yield on the 10-year US Treasury Note ended at 4.23%, 15 basis points lower from the previous month. The Bloomberg US Corporate Index widened by 3 basis points to 0.79% over Treasuries. The A Rated Corporate Credit Spread increased by 2 basis points to 0.66%. The BBB Rated Corporate Credit Spread widened by 3 basis points to 0.98%.