January 2019

Key Observations

For the month of January 2019, the yield on the 5-year US Treasury Note ended at 2.44%, 7 basis points lower from the previous month. The Bloomberg Barclays US High Yield Index tightened by 103 basis points to 4.23% over Treasuries. The BB Rated Corporate Credit Spread decreased by 90 basis points to 2.64%. The B Rated Corporate Credit Spreads tightened by 113 basis points to 4.18%. The CCC Rated Corporate Credit Spread decreased by 146 basis points to 8.43%.