December 2018
Key Observations
For the month of December 2018, the yield on the 5-year US Treasury Note ended at 2.51%, 30 basis points lower from the previous month. The Bloomberg Barclays US High Yield Index widened by 108 basis points to 5.26% over Treasuries. The BB Rated Corporate Credit Spread increased by 79 basis points to 3.54%. The B Rated Corporate Credit Spreads widened by 115 basis points to 5.31%. The CCC Rated Corporate Credit Spread increased by 180 basis points to 9.89%.