December 2025

KEY OBSERVATIONS
For the month of December 2025, the yield on the 10-year US Treasury Note ended at 4.17%, 15 basis points higher from the previous month. The Bloomberg US Corporate Index tightened by 2 basis points to 0.78% over Treasuries. The A Rated Corporate Credit Spread decreased by 2 basis points to 0.64%. The BBB Rated Corporate Credit Spread decreased by 4 basis points to .97%.